Transfer pricing report applicability
This query is : Resolved
20 August 2013
In F.Y. 2012-2013, if an Indian company has made sales of around Rs 97,00,000 to an assosiated enterprise in USA, Is it mandatory to make Transfer pricing report? (form 3CEB) The Indian company has incurred loss in that F.Y
20 August 2013
Yes it will applicable in your case.
28 September 2013
recent amendments in transfer pricing tax guidelines as per cbdt is it is not applicable for cases below RS.5 cr.
28 September 2013
Rs 5 Crore limit is applicable only for domestic transaction to whom transfer pricing provisions are applicable and not to International transactions.
28 September 2013
So accordingly report needs to be made in your present case.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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 Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
