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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Transfer pricing adjustment - approval given by the RBI and ...


RBI and Ministry of Industry approve transfer pricing adjustments; royalty payments deemed at arm's length, assessee's grounds allowed.

October 29, 2014

Case Laws     Income Tax     AT

Transfer pricing adjustment - approval given by the RBI and Ministry of Industry is at par with similar agreements being approved in other contracts/agreements - royalty and technical knowhow payments made by the assessee to its AE are considered at arm’s length and the grounds raised by the assessee on this issue are allowed - AT

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