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2023 (4) TMI 674 - AT - Income TaxTP Adjustment - comparability of companies - application of turnover filter - HELD THAT:- We hold that companies listed in original grounds of appeal whose turnover in the current year is admittedly more than Rs.200 Crores should be excluded from the list of comparable companies. Three sixty Logica Testing Services Pvt.Ltd. - As this company fails RPT filter and hence should not be regarded as a comparable company. Comparability for ITES Segment - Rejection of Companies not functionally similar to ITES segment as companies being in the field of KPO which cannot be equated or compared with a company rendering ITeS.
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