Transfer Pricing Audit Practices in India  (English, Paperback, M. S. Vasan, Vijay Iyer)

This book is based on Indian transfer pricing audit experiences for the period ranging from 2003-04 till date, right from TPO to Appellate Authorities, thereby providing guidance to the tax authorities, taxpayers and tax professionals on technical issues and compliance relating to transfer pricing and an insight into the tax audit process. The authors have drawn from their practical experience of dealing with transfer pricing in their respective roles to provide the taxpayers perspective on how to mitigate transfer pricing risk and reduce transfer pricing controversy. The book also highlights the gap in the positions and approach of the tax authorities and taxpayers and is a good starting point to explore some form of alignment of these positions to ease the pain of taxpayers and potential investors. A manual to tackle transfer pricing, this book will help clarify the technical aspects of transfer pricing, present practical, on the ground facts arising during transfer pricing audits, explain some of the relevant court rulings on transfer pricing that taxpayers are able to use in defending their transfer pricing litigation and provide solutions for risk mitigation and controversy resolution.