Navigating the ever-changing transfer pricing litigation landscape

The Indian TP landscape has constantly been shaped as much by litigation as by legislation. Over the last two decades, we have witnessed protracted litigations, with several TP issues reaching the High Courts and the Supreme Court.

In a recent ruling, the Supreme Court has overturned various High Court decisions on TP issues related to comparable data and remitted them back to the High Courts for fresh adjudication. Majority of such issues, considered as largely factual, for which Tribunals’ adjudication was considered final, may now see longer litigation timelines.

Recent assessment trends and legislative developments further suggest that TP issues would continue to be litigative and need a long-term dispute resolution strategy.

It is in this backdrop, we organised this webinar, which covered following areas:

• Recent developments
• Potential impact on companies facing TP litigations
• Considerations towards holistic evaluation of TP dispute resolution strategy
• Recent experiences of Advance Pricing Agreement (APA) and Mutual Agreement Procedure (MAP) as alternate dispute resolution mechanism

This webinar was conducted by senior litigator and TP litigation specialists.