ITAT adjudicated transfer pricing dispute involving Integrated ...

Multinational Service Pricing Dispute Resolved: IGS Wins Transfer Pricing Challenge with Comprehensive Cost-Benefit Analysis

May 5, 2025

Case Laws     Income Tax     AT

ITAT adjudicated transfer pricing dispute involving Integrated Global Services (IGS) provided by Associated Enterprises. After comprehensive review of cost benefit analysis and documentary evidence across finance, accounting, HR, marketing, and technical service segments, the tribunal examined administrative support services. Referencing precedent in Corteva Agriscience case, the tribunal comprehensively evaluated service pricing methodology. Ultimately, the tribunal ruled in favor of the assessee, directing complete deletion of transfer pricing adjustment for administrative support services, thereby validating the company's transfer pricing approach and rejecting revenue's proposed additional tax assessment.

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