https://www.taxtmi.com/highlights?id=99466 Turnover is a relevant comparability criterion in transfer pricing because scale affects profitability, risk profile, asset base, bargaining power and economies of scale; the Tribunal therefore upheld use of an upper turnover filter and rejected the Revenue's challenge to exclusion of high-turnover comparables. For inclusion of I2T2 India Limited and Cigniti Technologies Limited, the Tribunal held that a comparable cannot be adopted merely by relying on an earlier order without verifying contemporaneous financials, functional profile, applicable filters and segmental data for the year in question; that issue was remanded to the Assessing Officer/TPO for fresh examination after hearing the assessee. en-us Tue, 05 May 2026 09:09:34 +0530 Tue, 05 May 2026 09:09:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=99466 Turnover is a relevant comparability criterion in transfer pricing because scale affects profitability, risk profile, asset base, bargaining power and economies of scale; the Tribunal therefore upheld use of an upper turnover filter and rejected the Revenue's challenge to exclusion of high-turnover comparables. For inclusion of I2T2 India Limited and Cigniti Technologies Limited, the Tribunal held that a comparable cannot be adopted merely by relying on an earlier order without verifying contemporaneous financials, functional profile, applicable filters and segmental data for the year in question; that issue was remanded to the Assessing Officer/TPO for fresh examination after hearing the assessee. Highlights Income Tax Tue, 05 May 2026 09:09:34 +0530 https://www.taxtmi.com/highlights?id=99466