Home |Business | What are the penal consequences for non-compliance with the Indian Transfer Pricing regulations in business?

What are the penal consequences for non-compliance with the Indian Transfer Pricing regulations in business?

Answer Notify Me - 1 Notifying - 2
Jobin Jobin
Answered on February 13,2020

In case of failure to maintain Transfer Pricing documentation, failure to report the transaction, maintenance or furnishing of incorrect information/document, there is a penalty of 2% of the value of each international/specified domestic transaction.

Clap Clap 2
Share Share Answer Share Share
Views 55 views
tesz.in
Hey , can you help?
Answer this question
Guide

How to set up a business in India from scratch?

Setting up a Business in India involves the following steps Choosing the type of business Business Registration Process Central and State level Approvals / Compliances Wi..
  Click here to get a detailed guide

Related Questions