The Centre is not only eyeing a fair share of taxes on international transactions undertaken between related parties of a multinational network with presence in India, but even untaxed profits stashed overseas. Through fresh measures — popularly called secondary adjustment provisions under transfer pricing — the government has made sure that profits parked abroad via such transactions come back to India within a specified time limit. Amit Agarwal , Partner – Transfer Pricing shares his views for aforementioned story for Hindu Business Line.
Transfer pricing: CBDT wields the ‘interest’ stick on MNCs- Amit Agarwal
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