October 15, 2015

Vodafone transferpricing case explained
Vodafone claimed the sale in question was not an international transaction and thus should not be subject to transfer-pricing rules. Even as the tribunal considered the company's plea, the I-T department issued a demand for tax amounting to Rs 3,700 …
Read more on Business Standard

Vodafone Secures Indian Transfer Pricing Ruling
Accepting Vodafone's argument, the Bombay High Court set aside the ITAT's ruling and said the transaction should not have been subject to India's transfer pricing law, agreeing with Vodafone's argument that the transaction was not an international …
Read more on Tax-news.com

CBDT inks 4 more advance pricing pacts
APAs settle transfer prices and transfer pricing methods for transactions entered into by an Indian company with its overseas affiliates, in advance and avoid transfer pricing litigation. A rollback provision, which was introduced in October 2014 …
Read more on Times of India