Transfer Pricing Audit Procedures
This query is : Resolved
12 October 2007
What all are required to do while conducting TRANSFER PRICING AUDIT?
12 October 2007
It is a volumeness process:
The following methods are used to arrive TP:
1.Comparable Uncontrolled Price (‘CUP’) method
2.Resale Price Method (‘RPM’)
3.Cost Plus Method (‘CPM’)
4.Profit Split Method (‘PSM’)
5.Transactional Net Margin Method (‘TNMM’)
Also Chartered accountants has to cerify in Form 3CEB regarding TP.
The following methods are used to arrive TP:
1.Comparable Uncontrolled Price (‘CUP’) method
2.Resale Price Method (‘RPM’)
3.Cost Plus Method (‘CPM’)
4.Profit Split Method (‘PSM’)
5.Transactional Net Margin Method (‘TNMM’)
Also Chartered accountants has to cerify in Form 3CEB regarding TP.
12 October 2007
Thanks,
I need the audit procedure rather than the methods for determining arm length price.
if u ve any link to those audit procedures
kindly provide..
I need the audit procedure rather than the methods for determining arm length price.
if u ve any link to those audit procedures
kindly provide..
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Regarding TDS Applicability For Director Remuneration
- SFT Cash Deposit in Current Account
- Annual return in Gst
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
