India is well known around the world for the amount of tax litigation that goes through its courts and tribunals, and the aggression of its revenue authority. Transfer pricing disputes have been in the limelight recently and there have been a high number of interesting precedents set. Sophie Ashley analyses the implications of some of the more interesting cases and considers an alternative to the dispute resolution panel.
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While the manual should be consulted for any questions around MAPs, the OECD’s Sriram Govind also emphasised that the guidance is ‘not a political commitment’
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