Introduction :

DURING the year 2001, guided by the international tax models, with a view to expanding the tax base, the Government brought in new provisions in Chapter X under the heading - Special Provisions Relating to Avoidance of Income Tax - commonly referred to as Transfer Pricing (TP) provisions. The main

IT is ironic that the USA that exposed the tax games played by its own multinationals in the famous senate Permanent Sub-committee hearings in 2013, has now officially walked out of the most contentious of the OECD-led BEPS action plan 1 -addressing tax challenges of the digital economy. According to Financial Times, Steven