-
May 21, 2015
-
Transfer pricing: no let up in taxman’s ‘aggressive’ stance
If you thought the Indian tax authorities have turned less aggressive or non-adversarial on the transfer pricing front, think again.The taxman is in no mood to shed the perceived “aggressiveness” tag, going by the quantum of transfer pricing adjustments made in the latest completed cycle on January 31 this year.The total transfer pricing adjustment made in 2014-15 – relating to 2010-11 – stood at a whopping Rs. 46,466 crore, Finance Ministry data showed.
Source -
http://www.thehindubusinessline.com
|