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