Transfer pricing adjustment - primary responsibility to bench ...
Transfer Pricing Adjustments Must Use External Comparables to Validate Internal Figures for Compliance and Accuracy.
July 2, 2015
Case Laws Income Tax AT
Transfer pricing adjustment - primary responsibility to bench mark the transactions with comparable cases - the certificate issued by the auditors only spell out the percentage of overheads over the revenue and hence it is only a factual aspect of internal figures. In Transfer pricing study, what is required to be done is to validate the said claim with an external comparable. - AT
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