TransPrice Times for May 1-15 2017: Concealment Penalty, Computing Arm's Length Price, ICDS & More

16 May 2017
Sangesh Sase
TransPrice Tax Advisors LLP Manager - Finance & Accounts
Dear Members,

We are pleased to present TransPrice Times for the first fortnight of May 2017.

This periodical covers some key aspects from transfer pricing and international taxation; including rulings on concealment penalty, interest on advances and methods for computation of arm’s length price. Apart from this, differences in draft ICDS and the Guidance note issued by ICAI regarding real estate sector are mentioned in this periodical.