Deloitte's Take On New TP Rules!
Budget 2012 has made several changes to the Transfer Pricing Rules- definition of international transaction has been extended to include “Specified Domestic Transactions” with a threshold limit of Rs. 5 crores and the Advance Pricing Agreements (APAs) proposed under the Direct Tax Code in 2010 have now been made part of the current legislation.
CNBC TV18’s Payaswini Upadhyay speaks to Kerwin Chung, Principal- Global Transfer Pricing, Deloitte and Anis Charavarty, Director, Deloitte Haskins & Sells on the impact of the new changes.
Watch the accompanying video for more details..