Critical Aspects for Transfer Pricing Compliances! - Taxsutra Reservoir

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Critical Aspects for Transfer Pricing Compliances!

Course Expiry: 1 year
Categories: International Taxation Arena
Publisher: Taxsutra
About Course:

Episode Duration:
70 minutes

Episode Background:

Since 2001, when Sections 92A to 92F were inserted for the first time in the Income-tax Act, 1961 (the Act), the Transfer Pricing (TP) field has rapidly evolved in India. With TP audits nearing two decades, it is clear that timely compliances and proper documentation form a critical part of this legislation. The primary responsibility of ensuring compliance with the TP provisions is that of the taxpayer, and therefore, it is imperative that proper documentation is maintained which would pass the test during the audits.

Despite the long duration of compliance and audit experience, it has been observed that certain common issues keep surfacing regularly.

What shall the episode cover?

Against this backdrop, Taxsutra in association with Nexdigm (SKP), is delighted to present to you an episode on “Critical Aspects to be Considered During Transfer Pricing Compliances” [Tuesday, October 4 @ 4:30 PM]. The opening remarks & context setting for this session done by Mr. Maulik Doshi (Deputy Managing Director - Tax, Transfer Pricing and International Tax, Nexdigm) which followed by a detailed presentation by Mr. Abhay Saboo (Director - Transfer Pricing, Sudit K Parekh & Co. LLP). The speaker covered some of the issues by taking aid of key judicial precedents, which would guide taxpayers to maintain the documentation that tax authorities examine while conducting scrutiny, thereby reducing unwarranted litigation. This would also act as a guiding factor in the upcoming compliance season for FY 2021-22.

About Publisher:

Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.

Taxsutra suite of portals : 

1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law 
6.  Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)

Similar Books

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Review
Categories: International Taxation Arena
Publisher: Taxsutra
About Course:

Episode Duration:
70 minutes

Episode Background:

Since 2001, when Sections 92A to 92F were inserted for the first time in the Income-tax Act, 1961 (the Act), the Transfer Pricing (TP) field has rapidly evolved in India. With TP audits nearing two decades, it is clear that timely compliances and proper documentation form a critical part of this legislation. The primary responsibility of ensuring compliance with the TP provisions is that of the taxpayer, and therefore, it is imperative that proper documentation is maintained which would pass the test during the audits.

Despite the long duration of compliance and audit experience, it has been observed that certain common issues keep surfacing regularly.

What shall the episode cover?

Against this backdrop, Taxsutra in association with Nexdigm (SKP), is delighted to present to you an episode on “Critical Aspects to be Considered During Transfer Pricing Compliances” [Tuesday, October 4 @ 4:30 PM]. The opening remarks & context setting for this session done by Mr. Maulik Doshi (Deputy Managing Director - Tax, Transfer Pricing and International Tax, Nexdigm) which followed by a detailed presentation by Mr. Abhay Saboo (Director - Transfer Pricing, Sudit K Parekh & Co. LLP). The speaker covered some of the issues by taking aid of key judicial precedents, which would guide taxpayers to maintain the documentation that tax authorities examine while conducting scrutiny, thereby reducing unwarranted litigation. This would also act as a guiding factor in the upcoming compliance season for FY 2021-22.

About Publisher:

Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.

Taxsutra suite of portals : 

1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law 
6.  Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)

Similar Books

Ratings and Reviews

Overall Rating
Review
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