https://www.taxtmi.com/caselaws?id=779289 ITAT COCHIN AT held that the TPO erred in benchmarking by applying only a lower turnover filter of Rs. 1 crore without an appropriate upper turnover limit; the benchmarking exercise is therefore flawed. The matter is remanded to the AO/TPO to undertake a fresh benchmarking exercise using an upper turnover filter. All other contentions of the assessee are left open for reconsideration by the AO/TPO. The appeal by the assessee is partly allowed for statistical purposes. en-us Mon, 08 Sep 2025 00:00:00 +0530 Mon, 17 Nov 2025 10:02:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779289 ITAT COCHIN AT held that the TPO erred in benchmarking by applying only a lower turnover filter of Rs. 1 crore without an appropriate upper turnover limit; the benchmarking exercise is therefore flawed. The matter is remanded to the AO/TPO to undertake a fresh benchmarking exercise using an upper turnover filter. All other contentions of the assessee are left open for reconsideration by the AO/TPO. The appeal by the assessee is partly allowed for statistical purposes. Case-Laws Income Tax Mon, 08 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779289