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<h1>High Court Upholds ITAT Orders on Comparable Companies in Transfer Pricing</h1> The High Court dismissed two appeals by the Revenue against orders of the Income Tax Appellate Tribunal regarding the exclusion and inclusion of companies ... TPA - selection of comparables - Held that:- Exclusion and inclusion of companies in the final list of comparables for determining the Arm’s Length Price of the international transactions undertaken by the Assessee. As far as this issue is concerned, the discussion in the impugned order of the ITAT of the reasons is exhaustive and has turned purely on facts. No substantial question of law arises as regards the said issue. The High Court dismissed two appeals by the Revenue against orders of the Income Tax Appellate Tribunal regarding the exclusion and inclusion of companies in the final list of comparables for determining the Arm's Length Price of international transactions. The Court found no substantial question of law in the matter.