Government Approves Issue of Circulars on Identification of Contract R These Circulars Will Help in Providing Certainty to the Taxpayer on Issues Relating to Transfer Pricing of Development Centre https://www.taxtmi.com/news?id=5024 Approval is announced for administrative guidance implementing Rangachary Committee recommendations by setting parameters to identify contract R&D service providers bearing insignificant risk and clarifying application of the profit split method, with the stated aim of providing certainty to taxpayers on transfer pricing treatment of development centres; the circulars accompany earlier CBDT guidance on software exports and are published for taxpayer reference. en-us Thu, 28 Mar 2013 16:31:34 +0530 Thu, 28 Mar 2013 16:39:00 +0530 TaxTMI RSS Generator Government Approves Issue of Circulars on Identification of Contract R These Circulars Will Help in Providing Certainty to the Taxpayer on Issues Relating to Transfer Pricing of Development Centre https://www.taxtmi.com/news?id=5024 Approval is announced for administrative guidance implementing Rangachary Committee recommendations by setting parameters to identify contract R&D service providers bearing insignificant risk and clarifying application of the profit split method, with the stated aim of providing certainty to taxpayers on transfer pricing treatment of development centres; the circulars accompany earlier CBDT guidance on software exports and are published for taxpayer reference. News - Thu, 28 Mar 2013 16:31:34 +0530 https://www.taxtmi.com/news?id=5024