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Typical case of transfer pricing

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Issue:

Business

 

Written by:

Marjorie R

 

Date added:

October 2, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1350

 

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8195 times

 

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Essay content:

This is because capital gains arising from such a transfer would be classified as income arising from an international transaction. In view of this, the price charged for such a transfer should be justified using ALP and the corresponding documentation & accountants report should be maintained by both the parties...
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In view of this, the price charged for such a transfer should be justified using ALP and the corresponding documentation & accountants report should be maintained by both the parties. Further, with effect from April 1, 2003, 100% tax exemption has been granted to long term capital gains arising from the transfer of the shares of a company listed on the BSE-500 Index of the Mumbai Stock exchange or another recognizable stock exchange in India...
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