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Income Tax - Highlights / Catch Notes

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TPA - If all the public sector undertakings are to be treated as ...


Classifying all public sector undertakings as 'associated enterprises' complicates transfer pricing with arm's length requirements.

January 10, 2017

Case Laws     Income Tax     AT

TPA - If all the public sector undertakings are to be treated as ‘associated enterprises’, the inter se transactions between all the public sector undertakings will be subject to arm’s length price determination- something which is seemingly quite incongruous and contrary to the scheme of the transfer pricing legislation. - AT

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