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Transfer Pricing

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UMANG THOLIA

21 Points Posted on 26 February 2020

Whether transfer pricing provisions are applicable where i operate in dubai and purchase finished goods from a firm in mumbai ??
Also the firm from who i ll buy my goods belongs to my grandfather's cousin

Replies (2)

Quick Summary

This discussion explores whether transfer pricing regulations apply to a business operating in Dubai that purchases finished goods from a related firm in Mumbai. The key consideration is whether the entities are considered 'associate enterprises' under Section 92A of the relevant tax laws. This typically includes situations where one enterprise is controlled by an individual, and the other is controlled by that individual, their relatives, or jointly by them. For personalised guidance, contact us.

rama krishnan

5751 Points Posted on 26 February 2020

Transfer pricing will applicable for transactions between associate Enterprises in respect of all international and domestic transactions subject to certain limits

Mr. Bhandari

74 Points Posted on 14 April 2020

See if your case falls in this clause of Section 92A. where one enterprise is controlled by an individual, the other enterprise is also controlled by such individual or his relative or jointly by such individual and relative of such individual. For further query, reach out to us on 9022579441