Assistance in compliance with Domestic TP provisions as introduced by the聽Finance Act, 2012, which extends the application of existing TP regulations for international transactions to certain domestic transactions defined as聽鈥淪pecified Domestic Transactions鈥�.
The Finance Act, 2012 extended the application of existing TP regulations for international transactions to certain domestic transactions defined as 鈥淪pecified Domestic Transactions鈥� (鈥淪DT鈥�) with effect from Financial Year 2012-13. These regulations become applicable where the aggregate amount of all such domestic transactions exceeds INR 200 million in a financial year. Accordingly, taxpayers need to appropriately structure their TP policies based on a sound business rationale and commercial substance, and maintain robust underlying documentation to enable them to justify to the revenue authorities the transfer prices in respect of the SDTs at the time of audits.
乐鱼（Leyu）体育官网 in India鈥檚 GTPS team can help you meet your documentation and compliance needs through the following ways:
