Transfer pricing audit

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Querist : Anonymous (Querist)
04 June 2014 Somebody please tell me about what is T.P. Audit?

04 June 2014 similar to tax audit, section 92E of the Income-tax Act, 1961 prescribes that an audit be carried out of entities which have carried out international transactions with associate concerns and specified domestice transactions.

this audit is called TP audit.


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