How a TP assessment runs.
Scrutiny
The return is selected and the case referred to the TPO.
Notices
The TPO asks for documentation, agreements and evidence.
Analysis
The TPO tests comparables, methods and charges.
Show cause notice
Any proposed adjustment, with time to reply.
TPO order
Passed by a fixed date; then a draft or final assessment order.
From 1 April 2026 the Income-tax Act, 2025 has renumbered the transfer pricing provisions. Cases for years before tax year 2026-27 still run under the Income-tax Act, 1961, so this page uses the familiar section numbers. We apply whichever Act covers your year.
What TPOs focus on.
Service and support margins
Comparables, filters and the arm's length range.
Management fees and royalties
Evidence that services were received and benefited India.
Loans and guarantees
Interest rates, guarantee fees and outstanding receivables.
Marketing and technology
Use of brands and know-how without payment.
Penalties to watch.
An adjustment can lead to penalty for under-reporting or misreporting, and missing documents bring separate penalties. Good documentation is the main protection. See Transfer Pricing Documentation and Section 270A.
Why UK companies choose us in India.
We work with your UK finance team, lawyers and auditors, and translate Indian requirements into plain English.
Every filing and certificate is checked by a second Chartered Accountant before it goes in.
A written scope, timetable and fee before work starts.
One calendar of every MCA, RBI, GST and income-tax deadline for your Indian entity.
Set-up, accounts, payroll, tax, audit and RBI filings handled together.
Encrypted document sharing and digital signatures. Directors never need to travel.
TP assessment support for UK groups.
We support UK groups headquartered anywhere in the UK with transfer pricing for their Indian subsidiaries and branches, working with their UK tax teams online.
London
South East
Midlands
North of England
East and South West
Scotland, Wales, NI
Transfer pricing assessment FAQs.
Facing a transfer pricing assessment?
Send us the notice. We will plan the submissions and the defence.
This page is general guidance based on the Income-tax Act, 2025 and the rules and return forms as they stand. It is not legal or financial advice for your situation. Forms, eligibility and due dates can change each year, so please check with us before filing.