Transfer of Asset.. very urgent
This query is : Resolved
16 September 2008
Hi,
We have two employees transferring from Singapore (entity 1) to Bombay (entity 2), and will be taking their laptops with them,
We have to transfer the assets in laptop from Singapore entity to Bombay Entity,
I heard we cannot transfer their assets to an indian reporting entity as India have strict transfer pricing regulations regarding transfers of assets.
How to transfer this asset from Singapore to India. the holding company for both the entity is an Australian Entity, can we transfer this asset through Holding company ? can u suggest some section or/and law for this ?
We have two employees transferring from Singapore (entity 1) to Bombay (entity 2), and will be taking their laptops with them,
We have to transfer the assets in laptop from Singapore entity to Bombay Entity,
I heard we cannot transfer their assets to an indian reporting entity as India have strict transfer pricing regulations regarding transfers of assets.
How to transfer this asset from Singapore to India. the holding company for both the entity is an Australian Entity, can we transfer this asset through Holding company ? can u suggest some section or/and law for this ?
17 September 2008
If you have a documented proof for cost of purchase and proof of depreciation and market value, what is the difficulty in transfering at the realisable value? What is the particular difficulty you are facing?
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