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Tag: transfer pricing

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Procedure for conducting audit of transfer pricing cases unveiled

January 6, 2020May 29, 2022Mrs. Anjum Shahnawaz

KARACHI: The Director General of International Tax Operations has been empowered to select and conduct transfer pricing audit of cases under section 230E of Income Tax Ordinance 2001. Federal Board of Revenue (FBR) in explanation to Tax Laws (Second Amendment) Ordinance, 2019 said that previously, there was no provision which specified the procedure to be […]

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Setting up transfer pricing directorate withdrawn

January 24, 2019November 10, 2023Faisal Shahnawaz

Setting up transfer pricing directorate for determining arm’s length transactions has been withdrawn by the government of Pakistan.

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