Background The tax litigation relating to Transfer Pricing has been the area of concern for the assessees as well as tax authorities. The determination of Arms Length Price (ALP) covers not only financial but also the economic analysis of the
The Tax Deduction at Source (TDS) on payment for hotel accommodation has always been a controversial issue. The assessee comes across a situation where he pays for the hotel accommodation taken for the guests of the entity in usual course of busines
Domestic Transfer Pricing Begins Now Finance Minister through Finance Bill 2012 proposed the provisions for Domestic Transfer Pricing in India. The real need for Domestic Transfer Pricing was expressed by Hon. Apex Court in the judgment of Glaxo