https://www.taxtmi.com/caselaws?id=778083 ITAT, Bangalore (AT) partly allowed the assessee's cross-objection and dismissed the revenue's appeal. The Tribunal upheld CIT(A)'s exclusion of certain large-turnover comparables as not comparable with the assessee's small captive software segment, agreed that a listed analytics firm exceeded the related-party transaction filter and could be excluded, directed the TPO to treat provisions for bad and doubtful debts as operating costs when adjusting comparable margins, and set aside double disallowance of tax/MAT provisions by directing AO to start computation from profit before tax. The revenue's additions were accordingly deleted or modified. en-us Tue, 19 Aug 2025 00:00:00 +0530 Wed, 10 Sep 2025 08:39:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778083 ITAT, Bangalore (AT) partly allowed the assessee's cross-objection and dismissed the revenue's appeal. The Tribunal upheld CIT(A)'s exclusion of certain large-turnover comparables as not comparable with the assessee's small captive software segment, agreed that a listed analytics firm exceeded the related-party transaction filter and could be excluded, directed the TPO to treat provisions for bad and doubtful debts as operating costs when adjusting comparable margins, and set aside double disallowance of tax/MAT provisions by directing AO to start computation from profit before tax. The revenue's additions were accordingly deleted or modified. Case-Laws Income Tax Tue, 19 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778083