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2017 (3) TMI 1028 - AT - Income TaxTPA - selection of comparable - Held that:- Profile of assessee company and the comparables nned to be taken care of while selection of comparable. Operating revenue filter for excluding the comparables from the list of comparables by adopting a benchmark of 75% income need to be applied. Deduction u/s. 10A has to be allowed without setting off the brought forward losses and unabsorbed depreciation of non-STP unit. See Commissioner of Income-tax Versus Yokogawa India Ltd. [2011 (8) TMI 845 - Karnataka High Court ]
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