Transfer Pricing

Against the backdrop of the introduction of a new tax bill, the Union Budget 2025 brings a series of tax amendments. While some changes benefit startups and foreign investors, others could make mergers and restructurings less tax-friendly.

FM announces rationalisation of transfer pricing provisions to 3 years, will benefit GCCs, IT firms

Additionally, the finance minister expanded the scope of safe harbour rules to reduce litigation and provide certainty in international taxation.

Rs 20 lakh cr pending direct tax demands under litigation: Govt official

Of the pending demands, Rs 3,500 crore will be waived, as per the Budget announcement on Feb 1, 2024.

I-T department notifies FY21 'safe harbour' rates for foreign companies

Transfer pricing implies the prices at which various overseas divisions of a company transact with each other.

Tax monetisation post demonetisation; lack of clarity on funding

Thin Cap rules are based on globally acceptable principles. However, one must be cognizant of certain sectors like infrastructure, steel, construction which have hugely leveraged balance sheets.

Budget 2017: More tax breaks should come to tech sector, says EY

The legacy issue of royalty taxability for use v/s right to use shrink wrapped software has been a matter of litigation for a very long period, especially under the Tax Treaty scenario.

Tax dept signs 3 advance pricing pacts with taxpayers

The tax department today signed three advance pricing agreements (APAs) with taxpayers as it looks to reduce litigation by providing certainty in transfer pricing.

CBDT notifies rules for calculating assets' fair market value

The tax department today notified rules for calculating 'fair market value' of assets located in India in case of indirect transfer by multi-national companies for the purpose of levying tax.

2015: Transfer Pricing Round-Up

By: Ashwin Vishwanathan, EY

Big TP Win For Maruti On AMP

By: Rakesh Nangia, Managing Partner, Nangia & Co.

Maruti-Suzuki's AMP-Spend, Not An International Transaction

Maruti-Suzuki's AMP-Spend, Not An International Transaction

India Moving Towards Global Practices In TP

India Moving Towards Global Practices In TP

TP Disputes Trends Report 2015

TP Disputes Trends Report 2015

Govt amends rules to reduce Transfer Pricing disputes

The new regime will be applicable for computation of ALP of international transactions and specified domestic transactions undertaken on or after April 1, 2014, a notification said.

Transfer Pricing 360°: Apr – Jun 2015

Transfer Pricing 360°: Apr – Jun 2015

Union Budget 2015: Transfer pricing litigation issues need to be addressed:PwC

Union Budget 2015 should attempt to lay out a roadmap to achieve the goal of reduced litigation on transfer pricing. Here are some measures government can take in this direction.

Union Budget 2015: Transfer pricing regulations: Need aligning to global norms

Budget should issue a) rules for announcements that were made in the budget in July 2014, (b) clarifications and guidance on matters that were at the centre of controversy during the past few years like equity infusion, valuations, etc. and (c) tax administrations, infrastructure and approach.

CBDT signs first bilateral APA with Japan

In comforting news for taxpayers, the CBDT is moving efficiently and fast on its APA regime, as it has already signed its first bilateral advance pricing agreement with Japan.

Retro tax panel for new cases only; pre-Budget meet in Nov

Revenue secretary Shaktikanta Das says there is a need to move away from aggressive tax planning and assessments. He says the industry needs to work closely with the government to encourage a non-adversarial tax regime.

GST will add 2% to GDP, must implement by Apr '15: Godrej

Godrej rates Modi government‘s performance as 8.5 on a scale of 10 as he is enthused about India getting back on high levels of growth led by policy changes from the new government.

DRP favours I-T dept in Rs 1300 cr Vodafone case

This issue goes back to FY10 when Vodafone had issued around 2,89,000 shares which were valued at around Rs 8500 per share aggregating to around Rs 246 crore to its sister entity, Vodafone Teleservices India Holding Mauritius.

I-T slaps Vodafone with fresh Rs 3000-cr tax order

The income tax department has red flagged issuance of shares to Voda‘s parent in FY 09-10, alleging they were undervalued. This is similar to an ongoing dispute for previous fiscals where the department had added 1300 crore to Voda‘s taxable income.

India flags its concerns over H1-B visas with US

External Affairs Minister Salman Khurshid met Secretary of State John Kerry yesterday and "discussed a range of issues of mutual interest, including "ongoing discussions on the civil-nuke deal."

Transfer Pricing: Un-Safe Harbour?

Transfer Pricing: Un-Safe Harbour?

Transfer pricing safe harbour rules by Sept: Govt

The provisions for transfer pricing safe harbour, which is aimed at reducing tax related litigations with multinational IT companies have been inserted in Income Tax Act 2009 and the rules for the same will be notified by September first week.