International Research journal of Management Science and Technology
ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST
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ISSUANCE OF SHARES ON PREMIUM PER SE DONOT YIELD ‘INCOME’
1 Author(s): DR. NEETA BAREJA
Vol - 13, Issue- 11 , Page(s) : 26 - 29 (2022 ) DOI : https://doi.org/10.32804/IRJMST
Tax authorities all over the world are keeping close eye on the Transfer Pricing (TP) regulations as Multi National Enterprises are constantly trying to maneuver TP adjustment to reduce the overall tax cost to the group. TP is the most litigious issue worldwide resulting in protracted litigation. India despite being a late entrant in this field, is at the top of TP litigation and also said to be one of the most aggressive TP administrations. The prime thrust in TP is the application of arm’s length principle. OECD guidelines paved the way to achieve consistency in framing and implementing the well deliberated TP legislation.