Asia Transfer Pricing Brief: Q3 2023
In our first Asia Transfer Pricing Brief, for Q3 2023, we provide the latest transfer pricing updates from Singapore, Malaysia, and India.
Source: china-briefing.com
Page 9 - Transfer Pricing News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Transfer Pricing Today - Breaking & Trending Today
Rates On Which Power Is Available Through Indian Energy Exchange Can't Be Applied As It Is Not Rates To Consumers But Rates To DISCOM: ITAT Deletes TP Adjustment
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the Transfer Pricing (TP) Adjustment as rates on which power is available through the Indian Energy Exchange cannot be applied...
Source: livelaw.in
What is transfer pricing? Apple, Google and Amazon under taxman's lens over accounting practices
The I-T Department has sought detailed clarifications from the US tech giants
Source: theweek.in
Transfer pricing case: ITAT rules in favour of BBC World (India)
Income Tax authorities had sought to categorise advertisement and other expenses borne by BBC World (India) Pvt Ltd as cost base for charging a mark-up. The cost-based method for charging a mark-up increases the income of the assessee, resulting in a higher tax payable amount. ITAT considered the advertisement expenses a pass-through cost as it was not associated with the main business activity of BBC World (India).
Source: indiatimes.com
ITAT dismisses I-T dept's appeal in BBC India case of AY 2004-05
The Delhi bench of ITAT upheld the CIT(A)'s ruling that advertisement expenses between group entities should be treated as pass-through costs for AY 2004-05.
Source: moneycontrol.com