turnover. Hence, any receipt or
expenditure although operating in nature but for which the corresponding
turnover of which is not the part of the turnover ... stand increased or decreased as the case may be but the
denominator will not reflect the inclusion of the corresponding turnover. In
fact, in Para
M/S. Schneider Electric It Business ... vs Joint Commissioner Of Income Tax, Ltu, ... on 30
relating to allowance of deduction under s. 80HHC by considering the export turnover with reference to each category of goods and/or merchandise. With regard ... actual increase in this year neglecting such other items where there was decrease in the figure of export as compared to the last year
alone ought to be considered, as the company fails the upper
turnover filter for FYs 2013-14 and 2014-15. (Ground No. 4.6 and
Additional ... turnover/service revenue while selecting the companies comparable to
the Assessee. In this regard, it is submitted that application of turnover
filter is a relevant
M/S Honeywell Technology Solutions Lab ... vs Joint Commissioner Of Income Tax ... on 26 August
turnover/service
revenue while selecting the companies comparable to the assessee. In this
regard, it is submitted that application of turnover filter is a relevant ... increase in the
size and scale of the operations leads to a decrease in the long run average cost
of each unit or each service
erred in not applying a cap
on upper limit on the turnover/service revenue while selecting the
IT(TP)A No.237/Bang/2021
Page ... Assessee. In this regard, it is submitted
that application of turnover filter is a relevant criteria in choosing
comparable companies. It is submitted that
earned turnover of
113 crores and 11 crores respectively. The comparables selected
by the Ld.TPO do not satisfy the upper limit of turnover filter ... limit on the turnover while selecting the companies
comparable to the assessee. In this regard, it is submitted that
application of turnover filter
assessee is seeking exclusion of 10
comparables by applying turnover filter. She submitted that this
ground may be read with additional ground ... turnover/service revenue while selecting the
companies comparable to the assessee. In this regard, it is
submitted that application of turnover filter is a relevant
from its
investments in developing the value of a trademark from its turnover and market share
where it has a long-term contract of sole distribution ... additional return
from the owner of the trademark, perhaps through a decrease in the purchase price of
the product or a reduction in royalty rate
