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..
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