BENCHMARKING
► Conduct searches in databases (India and Foreign) to identify appropriate comparables as that of the tax payer which involves:-
- Undertake a detailed comparability analysis using appropriate database
- Devising the search strategy and approach
- Carrying out review of brief business descriptions of companies to shortlist them for detailed review
- Undertaking detailed review of the selected companies and identification of the final list of comparable companies
- Arriving at an appropriate arm’s length results of comparable companies and provide recommendations on an appropriate transfer pricing policy