For TP comparability, functional similarity and scale of operations were crucial; inclusion of low-turnover comparable was set aside

Where ITAT directed inclusion of Cepha Imaging Pvt. Ltd. as a comparable solely on the basis that it satisfied the export turnover filter without examining its functional comparability with assessee, and further directed inclusion of CG Vak Software & Exports Ltd.

The post For TP comparability, functional similarity and scale of operations were crucial; inclusion of low-turnover comparable was set aside appeared first on TaxGuru.