This white paper explores the potential for artificial intelligence (AI) and blockchain technologies to optimize transfer pricing (TP) practices in India. With rising compliance costs and prolonged dispute resolution times, there is a growing need for technological innovations to streamline processes. By examining the current challenges and proposing a strategic integration of AI and blockchain, this paper aims to reduce compliance burdens, expedite dispute resolution, and enhance India’s competitiveness in the global tax landscape. The analysis is grounded in recent data, including the impact of 2023 amendments and low technology adoption rates, with a roadmap for implementation by 2029.
Mamta Bhawanishanker Khandelwal (Sun,) studied this question.