https://www.taxtmi.com/caselaws?id=464067 HC held that deductions for freight, telecommunication and insurance under s.10A must be allowed from total turnover as well as export turnover, applying the SC principle that ordinary meanings must fit context; denying such deduction from total turnover would be illogical. The HC directed the TPO/AO to exclude comparables with turnover above Rs.200 crore and to remove specified companies as functionally dissimilar, and to compute the ALP excluding them. The court found that disputes over selection and filters for comparables do not raise substantial questions of law under s.260A. en-us Wed, 18 Jul 2018 00:00:00 +0530 Tue, 30 Sep 2025 16:42:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464067 HC held that deductions for freight, telecommunication and insurance under s.10A must be allowed from total turnover as well as export turnover, applying the SC principle that ordinary meanings must fit context; denying such deduction from total turnover would be illogical. The HC directed the TPO/AO to exclude comparables with turnover above Rs.200 crore and to remove specified companies as functionally dissimilar, and to compute the ALP excluding them. The court found that disputes over selection and filters for comparables do not raise substantial questions of law under s.260A. Case-Laws Income Tax Wed, 18 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464067