Transfer Pricing Law and Practice in India

Transfer pricing has come to occupy an important place in the arena of
taxation in India in a short time. This has necessitated the need to have a
comprehensive understanding of relevant concepts, and awareness of the
practical issues involved. "<i>Transfer Pricing Law and Practice in
India - A fine print analysis"</i> seeks to provide these in one
place. The book is an exhaustive commentary on the statutory framework of
transfer pricing in India and the issues arising thereby, since its
introduction in 2001. The contents have been grouped under various chapters to
enable a thorough insight to the reader and to make complex issues easy to
understand. The second, updated edition of the book contains transfer pricing
amendments made vide the Finance (No. 2) Act, 2009 and proposals contained in
the Direct Taxes Code Bill, 2009. Further the second edition takes into
account practical on-the-ground development in the field of transfer pricing
as practiced in India.

<b>Features</b>

Elucidation of various concepts of transfer pricing

Practical explanation of administrative mechanism of the regime

Hands on approach on documentation, methods and comparables, with
appropriate illustrations

Discussion topical issues arising from recent audits/ assessment

Coverage of recent developments and industry - specific issues

Description of typical transactions and tax optimization structures

Various useful reference materials: FAQs, Global TP Matrix, Case Laws The
book has been updated, keeping the following developments in view:

US regulations on services and recent reports by the OECD on business
restructuring

Introduction of "Safe Harbours" and the concept of "Dispute Resolution
Mechanism" in India vide the Finance (No. 2) Act, 2009

Introduction of "Advance Pricing Agreement" as a concept sought to be
introduced through the Direct Taxes Code Bill, 2009