Father and 2 sons own Pvt Ltd Co and sells exclusively to one LLP [ where those 2 sons are Partners], who in turn export. In absence of any 3 rd party sale, there is no independent price discovery. What AS plays its role here? Please guide.
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Related party transaction and export under LUT
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AS alone cannot give practical solution. Tax laws, case laws and layman thinking would help.
Domestic transfers pricing applicable if there are transactions between related parties above 20 crore
Domestic transfers pricing applicable if there are transactions between related parties above 20 crore
Sir.. Rs.20 cr each transaction specific or annual? Pl guide
Sir.. Rs.20 cr each transaction specific or annual? Pl guide
Annually 20 crores limit
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