Taxation

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Transfer Pricing in India

All you need to know about Market-Based Transfer Pricin...

Market-Based Transfer Pricing

For corporations with a small number of subsidiaries, simple supply chains, in which commodities are moved from one division to another, function well. But...

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Transfer Pricing in India

A glance through Transfer Pricing Penalties

Transfer Pricing Penalties

The prices that related parties levy one another for goods and services passing between them is referred to as transfer pricing. In other words, it refers...

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Transfer Pricing in India

Arm’s length principle – The basis of International...

Arm’s length principle

Transfer pricing is a significant issue in many developing nations when it comes to related-party transactions. A transfer price refers to a price at which...

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Taxation

An overview of Tax on Slump Sale

tax on slump sale

Many businesses have multifaceted operations where they have been indulging in various businesses. They have separate entities or undertakings having their...

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Taxation

Tax on interest of GPF to be applicable from 1st April...

tax on interest of GPF

From 1st April, 2022 onwards, the interest earned on General Provident Fund (GPF) by both the government and non-government employees will not remain exemp...

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Taxation

All you need to know about Tax Audit Report

Tax Audit Report

As per income tax rules, certain taxpayers should get their accounts audited under Section 44B of the Income Tax Act. The primary objective of a tax audit...

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Transfer Pricing in India

Comparable Uncontrolled Price CUP Method

CUP method

Transfer pricing can be defined as the price paid for the goods or services provided from one unit of an organisation to the other unit situated in differe...

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Taxation

Peak Credit in IT Assessment

peak credit

During the time of Income Tax assessment, if the Assessment Officer discovers cash receipts or cash deposits in the bank account of the assessee and the as...

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