Reach Out

 Tax

TRANSFER PRICING

The burden of demonstrating the arm’s length nature of the international transactions rests on the taxpayer. Rule 10D of the Indian Income Tax Act, 1962, prescribes thirteen mandatory documents in this regard and requires the taxpayer to maintain documentation contemporaneously. Some of the requirements are general in nature while others are more specific to the relevant international transactions.

Our services would include the following:
  • Creation of documentation as mandated by the Act.
  • Issuance of Form 3CEB to be submitted with the Income Tax Department within the due date of filing of return of income which is 30th November following the end of the financial year, for taxpayers subject to transfer pricing.