Government will issue transfer pricing rules by April, says P.Chidambaram
PrintListen to this Article
The government will issue so-called safe harbour rules by April 2013, a set of provisions that under certain conditions would enable tax authorities to accept companies transfer pricing claims without further scrutiny, Finance Minister P Chidambaram said on Monday.
Transfer pricing is the value at which companies trade products, services or assets between units across borders, a regular part of doing business for a multinational.
Category : Income Tax | Comments : 0 | Hits : 280
Income tax Dept. carries out nation-wide verification exercise on Restaurants suppressing turnover
The Income Tax Department has recently conducted a nationwide verification exercise targeting restaurants suspected of under-reporting their actual sales. This action follows an earlier investigation ...
If you earn income other than salary or have multiple income streams, the advance tax deadline falling today—Monday, December 15, 2025—should not be overlooked. Failure to pay advance tax ...
If you earn income other than salary or have multiple income streams, the advance tax deadline falling today—Monday, December 15, 2025—should not be overlooked. Failure to pay advance tax ...
Comments