Transfer Pricing
This query is : Open
20 July 2011
Respected all ,
Can anyone tell me about transfer pricing ?? what concept is it ?? what are the features ???
Thankin YOu
Can anyone tell me about transfer pricing ?? what concept is it ?? what are the features ???
Thankin YOu
23 July 2011
Dear Chintan,
Transfer pricing is a concept adopted by most of the nations of the world to countercheck the nations money going into the hands of foreign nationals by colourable devices.
Under transfer pricing, the fair price at which the goods or services should have been transferred to related parties outside india is determined and income tax is calculated on the the fair transfer price so calculated, thereby ensuring that there is no evasion of tax. There are various methods prescribed under Income Tax Law of India to determine the transfer price to related foreign parties.
Transfer pricing is a concept adopted by most of the nations of the world to countercheck the nations money going into the hands of foreign nationals by colourable devices.
Under transfer pricing, the fair price at which the goods or services should have been transferred to related parties outside india is determined and income tax is calculated on the the fair transfer price so calculated, thereby ensuring that there is no evasion of tax. There are various methods prescribed under Income Tax Law of India to determine the transfer price to related foreign parties.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- ADVANCE PAYMENT OF ADVOCATE
- Eway bill not cancelled within 24 hous what can be due
- DIN reactivation
- TDS Return Q1 FY 2026-27
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
