Performance of the Private Corporate Business Sector during First Quarter of 2013-14 Data Release
The Reserve Bank of India today released, on its website, the data on the performance of non-financial private corporate business sector during first quarter of 2013-14 (April-June 2013). The data compiled are based on the abridged financial results of 2,768 listed non-government non-financial (NGNF) companies. To enable comparison, similar data pertaining to Q4:2012-13 and Q1:2012-13 are also… Read More
Tags: Business, Earnings before interest taxes depreciation and amortization, EBITDA, finance, Net profit, Profit margin, Reserve Bank of India, United States
Transfer Pricing: Automatic RBI approval means transaction is at Arms Length Price
CLR Editorial Notes: The IT Appellate Tribunal had to consider two legal issues in the context of transfer pricing in this case. (i) whether a royalty agreement falls within the ˜automatic approval scheme™ and is approved or deemed to be approved by the RBI, and if so, whether the royalty can be treated to be at arms™… Read More
Tags: ALP, Arm's length principle, India, Profit margin, rbi, Royalties, Taxation in India, transfer pricing
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