Indian taxpayers must be cautious in TP reporting despite Vijai Electricals judgment

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Indian taxpayers must be cautious in TP reporting despite Vijai Electricals judgment

Joe Dalton
June 05 2013

Multinationals in India must maintain caution in their transfer pricing reporting of transactions involving investment into foreign subsidiaries even though the Hyderabad Income Tax Appellate Tribunal (ITAT) said transfer pricing rules do not apply in these circumstances.

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