Transfer Pricing is a popular term in every company for the purpose of complying with the Income Tax Act of India. In this article the two types of Transfer Pricing adjustments, primary adjustment and Secondary adjustment, will be discussed briefly.
Transfer pricing is all about determining the nature, treatment and taxability of intra-group transactions across several geographies. The transaction is put to test by the determination of arm’s length price of the transaction as per the prescribed transfer pricing methodologies.
We at VJM & Associates LLP, have a long-standing experience in the field of international transfer pricing, transactions structuring and transfer pricing compliances. We can demonstrate and present the right mix of global perspective and insights with that of the Indian transfer pricing regulations and the practical approach followed by the Indian transfer pricing authorities. We have helped clientele design suitable transfer pricing policies, execute complex transactions and obtain global tax optimisation through transaction structuring.