29 March 2013

Circulars on TP Law

Dear Members,

The CBDT has issued two important Circulars relating to Transfer Pricing law. The first bearing No. 02/2013 dated 26.03.2013 deals with the important issue of when the Profit Split Method can be applied in preference to the TNMM and CUP Methods. The second bearing No. 03/2013 dated26.03.2013 explains the circumstances required to be fulfilled for a development centre engaged in R&D activities to be considered to have "insignificant risk" for purposes of determining the ALP.

Both Circulars are a must-read for all tax professionals engaged in transfer pricing and international tax practice.

1 comment:

  1. Hello, Thanks to share detailed information and Know Your Jurisdiction to fulfill legal formalities.


What do you think about this? Please write your comment.

CA Exams rescheduled

Looking current situation CA Exam is rescheduled: CA inter and final exams will from 21st Nov . CA foundation will be from 8th Dec 2020.