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Transfer Pricing

Pankaj Arora (Learner) (3134 Points)

11 October 2018

Please confirm whether work contract services between two associates domestic closely held companies will be considered under transfer pricing.

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3 Replies

Harsh Doshi (32 Points)
Replied 30 October 2018

please elaborate the nature of transaction

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Pankaj Arora (Learner) (3134 Points)
Replied 30 October 2018

There is MR P who is common director as well as shareholder in ABC Ltd and PQR LTD,

ABC Ltd doing construction work for PQR LTD, in this case provision for transfer pricing attracted?

Roshan Choudhary (20 Points)
Replied 03 August 2019

Check section 92A to determine whether the two companies can be classified as Associated enterprises. And then analyse section 92BA in order to understand the situations when TP provisions get attracted on a domestic transaction.