The transfer pricing laws are governed under the Indian Income Tax Act, 1961, and cover intra-group cross-border transactions. According to the prescribed rules and regulations, income arising from International Transactions or Specified Domestic Transactions between Associated Enterprises (AE) should be computed using the arm’s length price principle.
Transfer Pricing was introduced to provide a comprehensive statutory framework that can drive the computation of reasonable, fair, and equitable profits and tax in India in the cases of multinational enterprises. For tax purposes, companies are obligated to record the exchange of goods using the arm’s length principle. We advise firms in documentation, filing of taxes, and abiding other legal provisions of Transfer Pricing. We provide high-quality transfer pricing audit services and adopt sophisticated techniques to cooperate more adequately with our clients.