Search comparables

Step 1 of 4

Set up the search

Data coverage Final financial yearThe three-year window ends with this year.

Activity of the tested party

ServicesIT / ITeS, KPO, contract R&D, support services ManufacturingContract, toll or full-fledged manufacturers TradingDistributors, wholesale, retail, limited-risk

Business typeSets typical filters for this kind of business. Method Rule 10B Profit level indicator (PLI) Range standard

The company must have data for the final year (not required by Rule 10CA: the two preceding years are used when the final year is not yet filed)

Step 2 of 4

Search by keyword, then narrow by industry

Type what the tested party does, the way you would search for comparables: software development, contract manufacturing, freight forwarding. Tick the matching search terms or categories; the number is how many companies with data in your years match.

0 selected

Then narrow by industry: start with the TP Bharat industry list (59 industries used for transfer pricing, built on NIC 2008: a company counts under its main industry and any other industry it is in), then narrow with industry groups, main products and services or NIC codes. Leave every list empty to search all industries. The numbers show how many companies with data in your years carry each item.

A company passes when it matches any selection every list with a selection

NIC code starts withComma-separated prefixes, matched in addition to the codes ticked above. Keywords to includeSearched in business descriptions and industry classifications, not in company names. A company passes if any word matches. Keywords to exclude

Step 3 of 4

Quantitative filters

The free search applies the full set of filters used in Indian transfer pricing practice (the Rules and the tribunal and High Court decisions), the same as our team's tool. Three tests are required: years of data (Rule 10CA), turnover of at least ₹1 crore and positive net worth. The others are ticked with the values usual for your business type; switch any of them on or off with its tick box, or change the value. Each source has its own filter set: the database combines two sources, so every filter shows one column per source; a company is screened with the values of the source of its latest year with data, the funnel counts each source separately, and a filter a source has no data for is not offered for it.

Years of data requiredThe window is the final year you chose and the two years before it. A company needs accounts for at least two of the three (Rule 10CA); every other filter uses only the years of the window the company has data for.

Minimum turnover: ₹1 crore requiredOperating revenue of at least ₹1 crore in every year used. Companies below this are too small to compare and are routinely rejected by TPOs and tribunals (e.g. Genisys Integrating Systems, Bangalore ITAT). The band below can raise this floor, not lower it.

Positive net worth requiredNet worth must be reported, and positive in the latest year reported within the window. A company with eroded net worth is not in normal business conditions (Rule 10B(3)).

Super-normal profit / abnormal marginsRemoves companies whose margin is far outside the companies of the same source passing every filter above: beyond Q3 + 3 × IQR or below Q1 − 3 × IQR (applied when at least 20 remain), or outside chosen percentiles. Super-normal profits are a reason to examine a comparable (Agnity India, Delhi HC), not an automatic exclusion (Chryscapital, Delhi HC).

th to 95th percentile

Set up the search

Search by keyword, then narrow by industry

TP Bharat industry

Industry group

Main product / service group

NIC code

Quantitative filters

Results

Screening funnel

Arm’s length range

Get the Arm’s Length Analysis

Request a detailed review