price mechanism

The issue of transfer price affects various types of taxes. Under Custom Laws, special valuation branch examines the validity of the transaction value between associated enterprises. In Service Tax law, service tax has been imposed on import of service through reverse charge method and it is expected that Service Tax department would like to examine the value of services imported (or exported) to associated enterprises. In Income Tax, it is transfer price mechanism which.. Full Article

Environmental Management – Introduction Environmental Law is perceived as one of the most important tools of environmental management. Protection of environment from degradation has now not just remained a legal issue but a management issue. Full Article