(ICAI) has recently released a Guidance Note on Report Under Section 92E of the Income Tax Act, 1961 (Transfer Pricing)

ICAI_transfer_pricing_guidance_note_2013.pdf

The Institute of Chartered Accountants of India (ICAI) has recently released a Guidance Note on Report Under Section 92E of the Income Tax Act, 1961 (Transfer Pricing). The Guidance Note is very comprehensive and incorporates the significant amendments made by the the Finance Act, 2012 such as the definition of International Transaction, Advance Pricing Agreement (APA), Amendments relating to Penalties, etc. It explains all the important concepts in a clear and easy-to-understand manner.