Transfer pricing-“arm’s length price”

  Source: FE  Context: The recent Supreme Court ruling that the “arm’s length price” determined by the Income Tax Appellate Tribunal (ITAT) cannot be treated as final in disputes related to alleged income suppression by multinational companies could potentially increase fresh litigation and delay final decisions. What is Transfer pricing? Transfer pricing refers to the …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 16 February 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …