Giant companies with high turnover & brand value cannot be comparables for small companies

Hydro BS India Private Limited Vs DCIT (ITAT Bangalore)

Small Captive vs. Industry Giants- TP Adjustment Recast – Big Brand Comparable Out- Tribunal Removes Giant Companies from Comparable

Bangalore Tribunal has excluded Infosys BPM Ltd. & Tech Mahindra Business Services Ltd. from the set of comparable, holding that giant companies with huge turnover & brand value cannot be compared to a small captive service provider rendering low-end ITES services.

Assessee, a subsidiary of Hydro Group, provides back-office support services to its Associated Enterprise. It

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