Domestic transfer pricing


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Querist : Anonymous

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Querist : Anonymous (Querist)
20 November 2014 Clarification regarding applicability of DTP

X Co.- Directors are A, B, C(no shares of C).
Y Co.- Directors D & E(D is a major Shareholder)

Relationship - D is son of C and nephew of A & B.

Transaction :- X Co. buys goods from Y Co. over 5Crs. Will it attract DTP ??


20 November 2014 Yes, it is very much covered under DTP


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