Transfer Pricing Documentation | Online Support, UK Clients

Transfer pricing documentationthat stands up.

Indian entities with international transactions above ₹1 crore must keep transfer pricing documentation each year, and larger groups also need a master file and country-by-country notices. Good documentation is the first line of defence in an assessment. We prepare it to match your UK group policy.

Local and master fileFees agreed in writingAligned with UK policy

What is required.

Document	Who needs it	Filed or kept
Accountant's report (Form 48)	Any international or specified domestic transaction	Filed by 31 October
Local file	International transactions above ₹1 crore	Kept, produced on request
Master file	Group revenue above ₹500 crore and set transaction limits	Filed with the tax department
Country-by-country report notice	Groups with revenue above ₹6,400 crore	Indian entity notifies the UK filer

Old and new section numbers

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 the local file contains.

Group and businessOwnership, business and industry.
TransactionsNature, terms and value of each.
FAR analysisFunctions, assets and risks.
Method and comparablesWhy the method fits and the comparables used.
Supporting recordsAgreements, invoices, budgets and correspondence.
ContemporaneousPrepared by the return due date.

Working with the UK.

Most UK groups already keep OECD-style master and local files for HMRC. We use the group master file, and make sure the Indian local file uses Indian comparables and matches the Indian accounts. See Transfer Pricing Study.

Why UK companies choose us in India.

We speak UK and India

We work with your UK finance team, lawyers and auditors, and translate Indian requirements into plain English.

Reviewed before filing

Every filing and certificate is checked by a second Chartered Accountant before it goes in.

Fees agreed in writing

A written scope, timetable and fee before work starts.

A compliance calendar

One calendar of every MCA, RBI, GST and income-tax deadline for your Indian entity.

One team end to end

Set-up, accounts, payroll, tax, audit and RBI filings handled together.

Secure and fully online

Encrypted document sharing and digital signatures. Directors never need to travel.

TP documentation 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

City of LondonCanary WharfHarrowWembleySouthallHounslowIlfordEast HamCroydonEdgware

South East

ReadingSloughMilton KeynesOxfordWatfordLutonCrawleyGuildford

Midlands

BirminghamLeicesterCoventryNottinghamWolverhamptonDerbyNorthampton

North of England

ManchesterLeedsBradfordSheffieldLiverpoolNewcastlePreston

East and South West

CambridgePeterboroughBristolSwindonSouthamptonBath

Scotland, Wales, NI

EdinburghGlasgowAberdeenDundeeCardiffSwanseaBelfast

Transfer pricing documentation FAQs.

When international transactions exceed ₹1 crore in the year.

Usually not. The UK parent files it, and the Indian entity notifies the tax department.

By the return due date, and produced within the time the officer allows.

The master file, yes. The local file needs Indian comparables and figures.

Need transfer pricing documentation?

Tell us about the group. We will prepare files that stand up.

Prepare our documentation +91 9819 000 511

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.