In today’s globally connected economy, transfer pricing plays a crucial role in ensuring compliance and transparency in inter-company transactions. For businesses operating in Bangalore — India’s technology and innovation hub — a robust Transfer Pricing Documentation Review is not just a regulatory requirement but also a strategic financial imperative.
TAXAJ, a leading tax and compliance consultancy in India, offers end-to-end transfer pricing services tailored to meet both international and Indian regulatory frameworks.
Bangalore, home to numerous multinational corporations (MNCs), startups, and IT/ITES companies, frequently sees cross-border transactions involving goods, services, intellectual property, and loans. In such a dynamic business environment, Transfer Pricing (TP) becomes critical to:
Avoid double taxation
Ensure compliance with Income Tax Act (Section 92–92F)
Minimize audit risk
Align with OECD guidelines
A TP Documentation Review is the evaluation of the transfer pricing documentation prepared by a business to ensure:
It meets regulatory standards
The pricing methodology is appropriate and justifiable
Proper benchmarking and economic analysis is in place
Risks of litigation are minimized
TAXAJ has emerged as a trusted advisor for businesses across industries in Bangalore for several reasons:
TAXAJ understands the nuances of tech, pharma, manufacturing, and fintech sectors, providing customized TP strategies.
With a team of Chartered Accountants, economists, and legal advisors, TAXAJ conducts detailed reviews covering:
Functional, Asset, and Risk (FAR) analysis
Transactional net margin method (TNMM)
Comparable uncontrolled price (CUP) method
They ensure that your TP documentation is aligned with:
Indian TP laws (Rule 10D of the IT Rules)
OECD’s Base Erosion and Profit Shifting (BEPS) action plan
Master File & Country-by-Country Reporting (CbCR)
TAXAJ maintains the highest standards of data privacy and provides accurate, audit-ready documentation.
Here’s a snapshot of how TAXAJ handles the TP review process:
| Step | Action | Icon |
|---|---|---|
| 1️⃣ | Initial Assessment of Inter-company Transactions | 📑 |
| 2️⃣ | Review of Existing Documentation & Methodology | 🔍 |
| 3️⃣ | Benchmarking Analysis | 📊 |
| 4️⃣ | Risk Identification & Rectification | ⚠️ |
| 5️⃣ | Final Review & Audit-Ready Report | 🧾 |
It’s ideal to conduct a review:
Before annual tax filings
Prior to or during an assessment
When expanding to new geographies
During M&A or due diligence
“TAXAJ’s TP documentation review helped us avoid a major litigation during our audit. Their knowledge of local and international tax law is unmatched.”
— CFO, Leading Tech Company in Bangalore
Whether you're a startup, SME, or MNC, TAXAJ’s Transfer Pricing Documentation Review service can help you stay compliant and audit-ready.