F. No. 500/54/2012-FTD.I
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
Foreign Tax & Tax Research Division-I
Room No. 907, ‘C’ Wing,
Hudco Vishala Building,
Bhikaji Cama Place, R.K. Puram, N. Deihi
Dated 22.03.2012
OFFICE MEMORANDUM
Subject: ADVISORY GROUP FOR INTERNATIONAL TAXATION AND TRANSFER PRICING IN DEPARTMENT OF REVENUE, MINISTRY OF FINANCE REG
In order to reduce tax litigation and bring tax certainty in the area of international taxation and transfer pricing, an ‘Advisory Group for International Taxation and Transfer Pricing’ has been set up comprising of following members:
i. Revenue Secretary to the Government of India-Head of the Advisory Group
ii. Chairman, Central Board of Direct Taxes, Department of Revenue-Member
iii. Director General of Income-tax (International Taxation), New Delhi, Member
iv. Joint Secretary (FT&TR-I) Department of Revenue Member
v. Joint Secretary (Fi&TR-II), Department of Revenue Member
vi. Joint Secretary (TPL-), Department of Revenue, Member
vii. One representative of CII – Member
viii. One representative Is FICCI -Member
ix. One representative of Assocham – Member
x. One representative of ICAI-Member
xi. One tax advisor of repute to be nominated by Revenue Secretary
xii. Any other person that the committee may wish to invite.
Terms of Reference:
The advisory group can have consultation an emerging issues of taxation In the area of international taxation and transfer pricing to understand each others view points and also with a purpose to reduce litigation and bring in more tax certainty. The group can also advice the government about legislative amendments & administrative measures which can help reduce litigation and bring in more tax certainty.
Dr. Satya Pal Kumar
Under Secretary to the Government of India