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INDIA TRADE PROMOTION Organization (A Government of India Enterprise) No. 1ITPO(1)/EI/2010 Date : 13.01.2015 CIRCULAR Sub: Filling up of the post General Manager (Information Systems) in IPO on deputation
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No 1-ITPO1 - India is a form to report information related to international transactions with associated enterprises.
Taxpayers who have entered into international transactions with associated enterprises are required to file No 1-ITPO1 - India.
No 1-ITPO1 - India can be filled out electronically on the official website of the Income Tax Department of India.
The purpose of No 1-ITPO1 - India is to provide information about international transactions to the tax authorities to ensure compliance with transfer pricing regulations.
Information such as details of the associated enterprise, nature of transaction, quantum of transaction, method used for determining arm's length price, etc., must be reported on No 1-ITPO1 - India.
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