Transfer Pricing
ICAI releases Exposure Draft of Guidance Note on Transfer Pricing [Read Draft Guidelines]
The Institute of Chartered Accountants of India (ICAI), the apex body of the Chartered Accountants, has recently released the Exposure Draft of the...
![Govt Notifies Multilateral Competent Authority Agreement on Exchange of Country-by-Country Reports [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/06/Central-Board-of-Direct-Taxes-CBDT-Tax-Scan.jpg "Govt Notifies Multilateral Competent Authority Agreement on Exchange of Country-by-Country Reports [Read Notification]")
India–USA Bilateral Competent Authority agrees to resolve 66 MAP cases relating to Transfer Pricing issues
India–USA Bilateral Competent Authority MAP/APA Meeting – Resolution of more than 100 cases under MAP and Agreement on terms and conditions of First ever Bilateral APA involving India and USA. ...
Transfer Pricing Proceedings can be initiated against the Company, If the directors held more than 20% Shares in an Associate Enterprise: Gujarat HC [Read Judgment]
The High Court of Gujarat while refusing to interfere with the transfer pricing proceedings initiated against a Company, observed that there is prima facie material to show that the directors of the...
For making reference to TPO u/s 92CA, AO has to record reasons after giving the Assessee an oppurtunity of being heard; Delhi HC [Read Judgment]
The Delhi High Court has recently ruled that, the Assessing Officer shall record his reason as to why the matter should be referred to a TPO u/s 92CA of the Income Tax Act, 1961. it was further...
“Once an International Transaction is found to be at an Arm’s Length by TPO, No disallowance can be made from the same”; ITAT Delhi [Read Order]
The delhi bench of Income Tax Appellate Tribunal, in a recent ruling opined that once an international transaction is found to be at an arm’s length, no disallowance can be made from the same. The...
