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
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Basic Threshhold limit under Transfer Pricing
Replies (1)
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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