Transfer Pricing

Transfer pricing refers to the rules and methods for pricing transactions between enterprises under common ownership or control. Because of the potential for cross-border controlled transactions to distort taxable income, tax authorities in many countries can adjust intra group transfer prices that differ from what would have been charged by unrelated enterprises dealing at arm’s length. A separate code on transfer pricing under Sections 92 to 92F of the Indian Income Tax Act, 1961 (the Act) covers intro-group cross-border transactions which is applicable from 1 April 2001 and specified domestic transactions which is applicable from 1 April 2012.

• Advisory and Audit relating to transfer pricing as per Income Tax Act.
• Issuance of Transfer pricing Report / transfer pricing certification (Form 3 CEB).
• Preparation of detail documentation relating to international and specified domestic transactions under transfer pricing as per Income Tax Act.
• Transfer pricing study/advisory for new transaction or specified transactions such as intangibles, Loans & Guarantee, Intra Group services, R&D centers, Purchase and sale of marketable securities etc.