Transfer pricing

yes tp provisions will apply

what precautions have we to take??

you need to maintain documents in relation to foreign associated enterprises

I received 1000 dollers of dd from Canada by my friend and I converted in to Indian currency in bmo bank offshore account but it is not credited in to my account . the banker has told you must pay the power of attorney for that amount I paid that amount they transfer the amount but it is not credited to my local bank account and they told you have to attached clearance certificate and affidavit document and there is a some of fees for that documents. Is it is possible to pay for that documents or not?

I guess the 1000 dollars query is not relevant here.