The update outlines revised compliance forms, timelines, and penalties under the new rules. It highlights a structured transition from existing provisions to a stricter and more automated compliance framework.
The issue concerns replacement of Form 3CEB with a new reporting framework. The reform mandates structured reporting with enhanced disclosures and digital integration for transfer pricing compliance.
The new Act reorganises sections, rules, and forms without changing core transfer pricing principles. Taxpayers must adapt to updated references while continuing existing compliance practices.
Learn about the amendments to Section 92CA concerning references to the Transfer Pricing Officer for determining arm’s length pricing in international and domestic transactions.
Discover the key compliance dates for UAE transfer pricing regulations under the new corporate tax law effective from 1 June 2023. Learn more now!
India’s Transfer Pricing regulations for FY 2023-24 (AY 2024-25) – This detailed chart lists key activities, legal sections, required forms, and deadlines for easy reference.
Key updates to Form 3CEB for specified domestic transactions, following CBDT Notification No. 27/2024, enhancing reporting requirements.
CBDT issued Notification No. 104/2023-Income Tax, introducing significant amendments to the Safe Harbour Rules for Intra Group Loans.
Till date of conversion, interest paid on CCDs cannot be treated as interest on equity & interest is allowable as expenditure u/s. 36(1)(iii)
What is Annual Return on Foreign Liabilities and Assets (FLA Return)? Which entities are required to file the FLA Return? Which entities are exempted from filing the FLA Return?
