International Tax & Transfer Pricing in Hyderabad

Cross-border tax advice for multinationals, global capability centres, exporters and NRIs — from transfer pricing to foreign remittances.

How ASKN & Co. LLP helps

Hyderabad is home to a large and growing number of global capability centres and Indian subsidiaries of foreign groups. Their transactions with group companies — services, software development, cost recharges, royalties and loans — must be priced at arm's length and documented every year.

ASKN & Co. LLP prepares transfer pricing documentation and the Form 3CEB accountant's report, advises on tax treaties and withholding tax on foreign payments, issues Form 15CB certificates for remittances, and represents clients in transfer pricing assessments.

OUR APPROACH

How we work

01

Map the transactions

We identify every international transaction and the functions, assets and risks of each entity.

02

Benchmark

Comparable companies and transactions are selected from recognised databases to set arm's length prices.

03

Document

The TP study and Form 3CEB are prepared and filed on time.

04

Defend

We represent you if the pricing is examined by the Transfer Pricing Officer or in appeal.

FAQ

Frequently asked questions

Who needs a transfer pricing report in India?

Any taxpayer that enters into international transactions with associated enterprises (and certain specified domestic transactions above the prescribed limit) must maintain transfer pricing documentation and file an accountant's report in Form 3CEB.

When is Form 15CB required?

Form 15CB is a Chartered Accountant's certificate on the taxability of a payment to a non-resident and the correct rate of TDS. It is required for many foreign remittances above the prescribed limits, along with Form 15CA.

We are setting up a GCC in Hyderabad. Can you help?

Yes. We advise on the entity structure, the transfer pricing model for the centre, registrations and ongoing tax, GST and company law compliance.

How can I avoid double taxation on foreign income?

India's tax treaties and domestic law provide relief for tax paid abroad. We review the applicable treaty and claim foreign tax credit in your return with the required Form 67.

INSIGHTS

Related articles

Other services

Chartered Accountants in Madhapur, Hyderabad, serving clients in Madhapur, HITEC City, Gachibowli, Kondapur, Jubilee Hills, Banjara Hills, Financial District, Nanakramguda, Kokapet, Narsingi, Manikonda, Miyapur, Kukatpally, Serilingampally, Begumpet, Secunderabad and across India.

Speak to a partner today

Share your notice, order or requirement and we will tell you what it involves and the next steps.

Chat with us