15 May 2013
'D' is US corporation has set up 'E', a 100% owned subsidiary in India. 'E' is engaged in the business of providing back-office support services to 'D'. 'E' has approached you and has asked for your advice on the precautions and steps it should take from an Indian transfer pricing perspective in connection with E's day-to-day business dealings with 'D'. What would you advice 'D'.
15 May 2013
I can only say that we should see the documentation and invoicing of Indian company and ensure that it is at arms length price and there is adequate markup in the invoices raised.
CAclubindia
