March 15, 2018

Rule – 10Q, Revision of an agreement

10Q. (1) An agreement, subsequent to it having been entered into, may be revised by the Board, if,— (a) there is a change in critical assumptions or failure to meet […]
March 15, 2018

Rule – 10P, Compliance Audit of the agreement

10P. (1) The Transfer Pricing Officer having the jurisdiction over the assessee shall carry out the compliance audit of the agreement for each of the year covered in the agreement. (2) […]
March 15, 2018

Rule – 10-O, Furnishing of Annual Compliance Report

10-O. (1) The assessee shall furnish an annual compliance report to Director General of Income-tax (International Taxation) for each year covered in the agreement. (2) The annual compliance report shall be […]
March 15, 2018

Rule – 10N, Amendments to Application

10N. (1) An applicant may request in writing for an amendment to an application at any stage, before the finalisation of the terms of the agreement. (2) The Director General […]
March 15, 2018

Rule – 10MA, Roll Back of the Agreement

10MA. (1) Subject to the provisions of this rule, the agreement may provide for determining the arm’s length price or specify the manner in which arm’s length price shall be […]
March 15, 2018

Rule – 10M, Terms of the agreement

10M . (1) An agreement may among other things, include— (i) the international transactions covered by the agreement; (ii) the agreed transfer pricing methodology, if any; (iii) determination of arm’s […]
March 15, 2018

Rule – 10L, Procedure

10L. (1) If the application referred to in rule 10K has been allowed to be proceeded with, the team or the competent authority in India or his representative shall process […]
March 15, 2018

Rule – 10K, Preliminary processing of application

10K . (1) Every application filed in Form No. 3CED shall be complete in all respects and accompanied by requisite documents. (2) If any defect is noticed in the application in Form […]
March 15, 2018

Rule – 10J, Withdrawal of application for agreement

10J. (1) The applicant may withdraw the application for agreement at any time before the finalisation of the terms of the agreement. (2) The application for withdrawal shall be in Form […]
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