Proforma for obtaining information relating to Transfer Pricing and in other cases

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..... eing sought obtained in a prescribed checklist/proforma (copy enclosed as Annexure-A). Further in the case of U.K. for obtaining banking information, a separate proforma has been prescribed by U.K. tax authorities (copy enclosed as Annexure-B). 3. Considering the developments at International Forums including the Model Proforma for the exchange of information being developed by the OECD, it is proposed to change the existing proforma. Further, it is proposed to have a separate proforma for obtaining any information relating to Transfer Pricing and prescription of a separate proforma for the same. 4. In view of the above, I am directed to request you to give your comments and views on the following to the FT & TR division by the 15th Decem .....

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..... /CHECKLIST PROFORMA FOR SEEKING SPECIFIC INFORMATION UNDER THE PROVISONS OF "EXCHANGE OF INFORMATION" ARTICLE OF DOUBLE TAXATION AVOIDANCE AGREEMENT 1. Name and address of the specific taxpayer whose tax liability is the subject of investigation. 2. Name and address of the concerned foreign person(s)/entity/company etc. 3. The specific tax periods (years) involved please specify the start date and ending date of the tax year, e.g. April 1, 2002 through March 31, 2003. 4. The specific taxes involved; e.g. individual income, corporate income. 5. The specific question(s)/point(s) of the which information is needed. 6. Relevance of why the information is needed and the issue being examined; e.g. unreported income, need bank records from .....

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..... ompany accounts if a director) d. The nature of the employers business 6. Full details of any other declared upon personal tax returns (on a yearly basis) by the family unit in respect of for the years covered by the request. 7. Confirmation of whether or not any interest figure declared upon the personal tax returns in the period covered by the request has been reconciled to known accounts, together with the number of known accounts held a. With Indian banks b. Other banks c. Clarifying whether or not any interest earned on the U.K. accounts may have been omitted. 8. A comment convening cases involving capital accumulation, detailing the source, if known, or extent of explanation provided. 9. The period of the investigation and .....

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