https://www.taxtmi.com/caselaws?id=468192 Under TNMM, comparability should exclude companies with vastly higher turnover where size, scale, asset base, brand value and market reach can distort margins; applying an upper turnover filter of 0 to 200 crores was treated as necessary, and the transfer pricing adjustment was to be recomputed after removing out-of-range comparables. The repairs and maintenance claim, involving items such as ducts, projector, interiors, false ceiling refixing and workstation extension, lacked sufficient factual clarity to determine whether it was revenue or capital in nature, so the disallowance was set aside and the matter remanded to the Assessing Officer for fresh consideration. en-us Mon, 09 Aug 2021 00:00:00 +0530 Tue, 21 Apr 2026 16:04:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468192 Under TNMM, comparability should exclude companies with vastly higher turnover where size, scale, asset base, brand value and market reach can distort margins; applying an upper turnover filter of 0 to 200 crores was treated as necessary, and the transfer pricing adjustment was to be recomputed after removing out-of-range comparables. The repairs and maintenance claim, involving items such as ducts, projector, interiors, false ceiling refixing and workstation extension, lacked sufficient factual clarity to determine whether it was revenue or capital in nature, so the disallowance was set aside and the matter remanded to the Assessing Officer for fresh consideration. Case-Laws Income Tax Mon, 09 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468192