Government amends rules to reduce Transfer Pricing disputes
Q. Government has amended rules to reduce ______________ disputes in a positive signal to investors on 20th October 2015.- Published on 21 Oct 15a. Transfer Pricing
b. Alternate Pricing
c. Minimum Pricing
d. None of the above
ANSWER: Transfer Pricing
GoI amended rules to reduce Transfer Pricing disputes In a positive signal to investors for determination of Arm's Length Price (ALP) with aim to provide clarity in calculating prices in transfer pricing cases and reduce litigations. New regime will be used for computing ALP on or after April 1, 2014, a notification said.
