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22 June 2018

Indian Tax Administration invites public comments on proposal to amend rules on "secondary adjustment" provisions under APA and MAP

India's Finance Act 2017 introduced the "secondary adjustment" provision in the Indian Tax Law to address the collateral consequences arising from a primary transfer pricing (TP) adjustment. The provisions relating to a secondary TP adjustment are generally applicable for primary TP adjustments made from the financial year (FY) 2016-17 onwards.

A Global Alert, attached below, provides additional details.

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ATTACHMENT

Document ID: 2018-1283

 

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