Tag Archives: pricing

Ceiling prices of knee implants fixed: Govt.

Indian government has fixed the ceiling prices of orthopedic knee implants for knee replacement system from the date of the gazette notification i.e. August 16, 2017 The ceiling prices fixed shall be maintained for a period of one year from … Continue reading

Posted in Administrative Law, Consumer Law, Drugs Law, General Law, Notifications/Publications/Circulars, Trade Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Corp guarantees have no bearing on profits: ITAT

In a recent ruling, Income Tax Appellate Tribunal (ITAT) held that when corporate guarantees are in the nature of shareholder activities, they have no bearing on profits and in such cases no arms length price adjustments need to be made. … Continue reading

Posted in Banking Law, Company Law, Contract Law, FDI, General Law, Income Tax Law, International Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

CBDT lays guidelines for identifying DC as a contract R&D service provider

Central Board of Direct Taxes (CBDT) noticed that there is divergence of views amongst the field officers and taxpayers regarding the functional profile of development centres engaged in contract R&D services for the purposes of determining arm’s length price/transfer pricing. … Continue reading

Posted in Company Law, Income Tax Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

NRIs investments in Indian companies may be made at face value subject to their eligibility to invest under the FDI scheme

In terms of sub-regulation (1) of Regulation 5 of Notification No. FEMA 20/ 2000 – RB dated May 3, 2000, a person resident outside India or an entity incorporated outside India may purchase shares or convertible debentures of an Indian … Continue reading

Posted in Banking Law, Company Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment