Advisory services on transfer pricing in India provide expert guidance to companies on structuring intercompany transactions, maintaining proper documentation, and ensuring compliance with Indian TP regulations. These services include:
1. Benchmarking Studies: Conducting comparability analyses to determine arm’s length prices.
2. Documentation: Preparing Master Files, Local Files, and Country-by-Country Reports (CbCR) as per regulatory requirements.
3. Compliance Support: Assisting in filing Form 3CEB and other necessary documentation.
4. Dispute Resolution: Representing clients in audits, appeals, and Advance Pricing Agreements (APAs).
5. Risk Management: Identifying and mitigating potential TP risks.
With India’s tax authorities increasingly focusing on cross-border transactions, seeking professional advisory services is crucial for businesses to navigate the complex TP landscape, ensure compliance, and avoid costly litigation.