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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

TP adjustment - scope of TP adjustment when assessee is eligible ...


Transfer Pricing Adjustments Apply Despite Section 10B Exemption, Must Align with Global Standards and Not Be Solely Tax-Driven.

April 23, 2019

Case Laws     Income Tax     AT

TP adjustment - scope of TP adjustment when assessee is eligible for exemption u/s 10B - Irrespective of profit making ability and exemption available in the country of operation the transfer price of the global market and the corporates must be within the band of pricing - tax saving alone cannot be a decision making process to restrict any TP adjustment

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