Dear All!!!!
Is there any basic threshhold limits (like transaction volume/ value etc....) for applicability of Transfer Pricing norms??
Kindly reply ASAP
Thanks in advance
Rishubh Mathur (Analyst -Taxation) (442 Points)
03 July 2010Dear All!!!!
Is there any basic threshhold limits (like transaction volume/ value etc....) for applicability of Transfer Pricing norms??
Kindly reply ASAP
Thanks in advance
Amir
(Learner)
(4016 Points)
Replied 03 July 2010
Dear Rishub,
No limit for applicability of TP as it is applicable on EACH & EVERY international transactions between the Associated Enterprises.
However for maintenance of books & records there is a threshold limit of Rs. 1 crore
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