Head Office cost allocation requires prescribed transfer-pricing methods; treaty ceilings bar surcharge and cess, while duplicate taxation is excluded...
Cost-to-cost reimbursement of seconded employees is not service consideration; transfer-pricing markup was deleted and amalgamation amortisation allow...
Crystallisation of liability supports prior-period expense deduction, while functionally distinct divisions require separate transfer-pricing benchmar...
Functional comparability under TNMM requires transaction-specific FAR analysis before benchmarking business-support services provided to associated en...
Advance pricing agreement methodology can guide benchmarking for non-covered years when functions, assets, risks and activities remain materially unch...
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Anti-profiteering computation for construction services must account for GST input tax credit that remained unutilised and was subsequently reversed. The additional credit benefit attributable to eligible homebuyers requires a commensurate reduction in price and must be passed on, including applicable GST, with 18% interest from collection of the excess amount until repayment. Penalty for failure to pass on the benefit does not apply to the relevant period because the penalty provision came into force only after that period ended.
Anti-profiteering computation for construction services must account for GST input tax credit that remained unutilised and was subsequently reversed. The additional credit benefit attributable to eligible homebuyers requires a commensurate reduction in price and must be passed on, including applicable GST, with 18% interest from collection of the excess amount until repayment. Penalty for failure to pass on the benefit does not apply to the relevant period because the penalty provision came into force only after that period ended.
Note: It is a system-generated summary and is for quick reference only.