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Archive: 21 March 2023

Posts in 21 March 2023

TNM Method not appropriate in determining ALP in capital goods purchase transaction

March 21, 2023 1479 Views 0 comment Print

Learn why the TNM method may not be suitable for determining the Arms Length Price (ALP) in capital goods purchase transactions under transfer pricing regulations in India. Understand the legal perspectives and recent case decisions.

Exercise of power by PCCIT for performance of functions by CIT(A)

March 21, 2023 2247 Views 0 comment Print

PCCIT having their Headquarters at places specified below, to issue orders for exercise of powers & performance of functions by CIT (Appeals)

Closing of Govt Accounts – Measures for Financial Year 2022-23

March 21, 2023 6063 Views 0 comment Print

All government transactions done by agency banks for the Financial Year 2022-23 must be accounted for within the same financial year. Accordingly, the following arrangements are put in place to report and account for Government transactions for March 31, 2023.

Permitted Sectors / Activities For FDI in India

March 21, 2023 6003 Views 0 comment Print

Explore the permitted sectors and activities for Foreign Direct Investment (FDI) in India as outlined in the Consolidated FDI Policy 2020. Learn FDI caps, entry routes, and key regulations.

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