https://www.taxtmi.com/caselaws?id=464335 ITAT HYDERABAD upheld the 10x turnover tolerance (both up and down) as a valid comparability filter and excluded 12 comparables that breached it. The tribunal directed the TPO to apply this turnover filter uniformly to all remaining comparables. One specific comparable was excluded for lack of functional similarity; three others were held non-comparable. Another comparable was retained as functionally similar (ITES-type support services). A separate comparable's exclusion was remitted to the DRP for rectification of an apparent error, and one more comparable was sent back to the AO/TPO to verify reported service revenue before deciding inclusion. en-us Mon, 05 May 2025 00:00:00 +0530 Fri, 17 Oct 2025 12:10:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464335 ITAT HYDERABAD upheld the 10x turnover tolerance (both up and down) as a valid comparability filter and excluded 12 comparables that breached it. The tribunal directed the TPO to apply this turnover filter uniformly to all remaining comparables. One specific comparable was excluded for lack of functional similarity; three others were held non-comparable. Another comparable was retained as functionally similar (ITES-type support services). A separate comparable's exclusion was remitted to the DRP for rectification of an apparent error, and one more comparable was sent back to the AO/TPO to verify reported service revenue before deciding inclusion. Case-Laws Income Tax Mon, 05 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464335