Quote on 3-Year Transfer Audit Proposal by Lalit Attal, Partner, Tax & Regulatory Services, BDO India

2025-02-03 02:55:28 pm | Source: BDO India

Quote on 3-Year Transfer Audit Proposal by Lalit Attal, Partner, Tax & Regulatory Services, BDO India

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Below the Quote on 3-Year Transfer Audit Proposal by Lalit Attal, Partner, Tax & Regulatory Services, BDO India

The tax proposal to conduct transfer pricing audit for a block of three years is a welcome move that has been long overdue. A wider guidance around complex data gathering, inconsistent documentation across jurisdictions, managing fluctuating market conditions, potential for double taxation, disputes over intangible asset valuation, and navigating different tax authority interpretations of the arm's length principle would pave the way for tax certainly and enhance ease of doing business in India.

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Quote on 3-Year Transfer Audit Proposal by Lalit Attal, Partner, Tax & Regulatory Services, BDO India

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