ITAT Deletes TP Adjustment as Intra-Group Services Not Stewardship Activity

Corteva Agriscience India Pvt. Ltd Vs DCIT (ITAT Delhi) TP adjustment deleted as services rendered are in nature of intra group services and not stewardship activity ITAT Delhi held that Transfer Pricing Adjustment made by the revenue on account of administrative support services segment deserves to be deleted since services rendered are in nature of intra group services and not stewardship activity. Facts- Since the assessee-company had entered into International Transactions for which reference was made to the Transfer Pricing Officer to determine the Arm’s Length Price of such transaction...