Domestic transfer pricing
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 November 2014
If a company is audited under income tax law and company made payment to relative are exceeding rs 5 crore. Income tax audit has been conducted by a c.a. but audit under domestic transfer pricing are not done. can a c.a. is responsible for these?????
19 November 2014
Basically try to understand a simple RULE. The assessee is required to get its account audited. The same RULE applies for Domestic Transfer Pricing audit as well.
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