Transfer Pricing

Transfer Pricing in India is regulated by a separate code under Sections 92 to 92F of the Indian Income Tax Act, 1961 covering intra-group cross-border transactions which is applicable from 1 April 2001 and specified domestic transactions which is applicable from 1 April 2012. Since the introduction of the code, transfer pricing has become one of the most important international tax issue affecting enterprises operating in India.

“The Indian Transfer Pricing Code prescribes that income arising from international transactions or specified domestic transactions between associated enterprises should be computed having regard to the arm’s-length price. It has been clarified that any allowance for an expenditure or interest or allocation of any cost or expense arising from an international transaction or specified domestic transaction also shall be determined having regard to the arm’s-length price”

Transfer pricing provisions should be adhered on a continuous basis and should be factored in the business model itself in order to minimize the related tax risks in the long run without putting business model into question by tax authorities.

R S Shashi & Co. Transfer pricing Practice is a one stop portal for managing all your transfer pricing requirements. Our consulting approach is marked by analysis of our client’s business activity and providing solutions to meet the requirements of transfer pricing legislation. Our services include:

  • Transfer Pricing Planning
  • Assistance in preparing transfer pricing documentation
  • Preparing transfer pricing study
  • Advice on Advance Pricing Arrangement
  • Legal Work
  • Assistance in drafting responses to notices, enquiries and such other communication received from tax authorities
  • Assistance in handling of assessments and appeals
  • Providing in-house training to manage requirements of transfer pricing legislation like documentation, reports, database, etc

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14 Feb 25 Issue of TDS Certificate u/s 194-IA for TDS deducted on Purchase of Property in December.
14 Feb 25 Issue of TDS Certificate for tax deducted on rent above 50,000 pm by certain individuals/HUF under Section 194-IB where lease has terminated in December.
14 Feb 25 Issue of TDS Certificate for tax deducted u/s 194M on certain payments by individual/HUF in December.
14 Feb 25 Issue of TDS Certificate for tax deducted u/s 194S on Virtual Digital Assets in December.
15 Feb 25 Issue of TDS certificates other than salary for Q3 of FY 2022-23.
15 Feb 25 CAG Empanelment of CA firms/LLPs for FY 2024-25.
15 Feb 25 ESI payment for January.
15 Feb 25 E-Payment of PF for January.
15 Feb 25 Details of Deposit of TDS/TCS of January by book entry by an office of the Government.
20 Feb 25 Monthly Return by persons outside India providing online information and data base access or retrieval services, for January. Also to be filed by every registered person providing online money gaming from a place outside India to a person in India.
20 Feb 25 Add/amend particulars (other than GSTIN) in GSTR-1 of Jan. It can be filed after filing of GSTR-1 but before filing corresponding GSTR-3B.
20 Feb 25 Summary Return cum Payment of Tax for January by Monthly filers. (other than QRMP).
25 Feb 25 Deposit of GST of January under QRMP scheme.
25 Feb 25 Return by persons with Unique Identification Number (UIN) like embassies etc to get refund under GST for goods and services purchased by them, for January .
28 Feb 25 Complete CPE Hours for Calender year 2024. Update Unstructured CPE hours details like reading of ICAI journal at https://cpeapp.icai.org.
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