Tag: transfer pricing

The tolerance ranges shall be 1% for transactions in the nature of wholesale trading and 3% for others. (Representative file photo)
Posted in Business

CBDT notifies tolerance range for transfer pricing for AY 2024-25

The Central Board of Direct Taxes (CBDT) notified the tolerance range for assessment year (AY) 2024-25, which will provide certainty to taxpayers and reduce the…

Continue Reading
I-T dept notifies tolerance range for AY25 for transfer pricing cases
Posted in Economy

I-T dept notifies tolerance range for AY25 for transfer pricing cases

The income tax department has notified the tolerance range for variation between arm’s length price and transfer pricing for international and specified domestic transactions for…

Continue Reading
Budget widens ambit of transfer pricing, enhances power of officers to pick domestic cases
Posted in Economy

Budget widens ambit of transfer pricing, enhances power of officers to pick domestic cases

The budget has proposed to widen the transfer pricing provision, extending it to even some domestic transactions.It has also enhanced the power of the transfer…

Continue Reading