02 September 2024
If a private limited Indian company had invested in 100% foreign subsidiary in Vietnam This being the first transaction to acquire shares in foreign entity ODI was done
Query 1: whether transfer pricing will apply on this transaction where the equity shares are acquired at face value in foreign subsidiary? Or this be considered as capital transaction and is outside the preview of TP
Query 2: If TP is applicable then what would be the method of valuation used for comparison?
Query 3: Is form 3CD also mandatory to be filed if transfer pricing is applicable to an entity even if the turnover is below 10cr?