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31 May 2016

Indian Tax Administration issues draft indirect transfer rules

India's Central Board of Direct Taxes (CBDT) has issued draft rules (Draft Rules) and forms relating to indirect transfer (IDT) provisions under Indian Tax Laws (ITL). The Draft Rules provide valuation methodology, determination of proportionate income, and reporting and document retention requirements related to the IDT. Public comments and suggestions were due by May 29.

A Tax Alert prepared by EY's Global Tax Desk Network, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-0938

Document ID: 2016-0938

 

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