Guidance Note on Report Under Section 92E of The Income-Tax Act, 1961 (Transfer Pricing) (Revised 2020)

Guidance Note on Report Under Section 92E of The Income-Tax Act, 1961 (Transfer Pricing) (Revised 2020) https://www.taxtmi.com/news?id=23050 Every person entering into an international transaction or a specified domestic transaction must obtain and furnish an accountant's report under Section 92E by the prescribed specified date and retain prescribed Local File and Master File documentation to enable determination of the arm's length price. The Guidance Note explains statutory definitions, methods for computing arm's length price (CUP, RPM, CPM, TNMM, PSM), documentation requirements (Local File/Master File/CbC), safe harbour and APA mechanisms, use of multiple year data and range concept, and accountant obligations on verification, disclosures and maintenance of working papers. en-us Thu, 20 Aug 2020 18:16:05 +0530 Wed, 11 Feb 2026 15:58:58 +0530 TaxTMI RSS Generator Guidance Note on Report Under Section 92E of The Income-Tax Act, 1961 (Transfer Pricing) (Revised 2020) https://www.taxtmi.com/news?id=23050 Every person entering into an international transaction or a specified domestic transaction must obtain and furnish an accountant's report under Section 92E by the prescribed specified date and retain prescribed Local File and Master File documentation to enable determination of the arm's length price. The Guidance Note explains statutory definitions, methods for computing arm's length price (CUP, RPM, CPM, TNMM, PSM), documentation requirements (Local File/Master File/CbC), safe harbour and APA mechanisms, use of multiple year data and range concept, and accountant obligations on verification, disclosures and maintenance of working papers. News - Thu, 20 Aug 2020 18:16:05 +0530 https://www.taxtmi.com/news?id=23050