Transfer pricing
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 April 2016
what is transfer pricing and when it is apply , by a company , and also whether any criteria for apply transfer pricing.
04 April 2016
Transfer Pricing Audit means Certification of Arms Length Price (ALP) of Transaction Between the 2 Associate Enterprises (AE).
International Transfer Pricing (ITP) - Applicable when one international transaction between 2 AE. No Monetory limit. Hence even international transaction of Rs. 1 then also ITP is applicable. If International Transaction between AE exceeds of Rs. 1.00 crore then detail documentation needs to maintain mandatorily otherwise simple form 3CEB audited from CA required.
Domestic Transfer Pricing (DTP) - Applicable when transaction between 2 AE exceeds of Rs. 20 Crores.
International Transfer Pricing (ITP) - Applicable when one international transaction between 2 AE. No Monetory limit. Hence even international transaction of Rs. 1 then also ITP is applicable. If International Transaction between AE exceeds of Rs. 1.00 crore then detail documentation needs to maintain mandatorily otherwise simple form 3CEB audited from CA required.
Domestic Transfer Pricing (DTP) - Applicable when transaction between 2 AE exceeds of Rs. 20 Crores.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- Tds on building rent monthly
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
