Transfer pricing for businesses in Nashik
A Nashik group that invoices an overseas associate may face an adjustment years later if its pricing is not documented. Documentation, benchmarking, the accountant's report and assessment support are prepared from the Nashik office for international and covered domestic transactions.
Last reviewed 3 October 2026
A pharmaceutical unit in Sinnar that sells intermediates to a sister company in Europe sets a price each year. If that price cannot be supported by a functional analysis and a benchmark, the transfer pricing officer may substitute another, and the adjustment is taxed in the
year concerned.
Our Nashik office prepares transfer pricing work for groups that manufacture or trade from Nashik and deal with associated enterprises abroad or, where the law applies, in India. The documentation is prepared to match the return.
Transfer pricing for groups rooted in Nashik
Several manufacturers in the district trade with overseas associates. Others move goods and services across Indian group entities in a way that the transfer pricing rules cover. Where a transaction is left out of the study, the officer may determine its price independently, and the adjustment adds to taxable income. The work is done from Nashik, and the transfer pricing page gives the full scope.
Exports and imports with associated enterprises
Pharmaceutical, engineering and auto-component groups often invoice an overseas parent, subsidiary or sister company. Before benchmarking starts, the transaction list must include sales, purchases, tooling amortisation and quality claims.
Domestic group flows
Job work, management charges, guarantees and interest between Indian associated enterprises can fall within the law where the conditions are met. The first step is a map of the Nashik factory against the selling or holding entities.
Functional facts at the plant
Who designs the part, who buys steel, who holds stock and who bears warranty risk is established through interviews at the unit as well as a reading of the contracts. The pricing method follows from that functional analysis.
Documentation calendar
Local documentation and the accountant's report have filing dates tied to the tax return. For groups with a March year-end, the transaction matrix and comparable search should be planned well before those dates and before the return is drafted.
Assessment and notices
Replies to questions from a transfer pricing officer are prepared from the same documentation file. Contracts, invoices and workings should be kept. To discuss a group, contact the firm.
Common questions
Does every exporter in Nashik need transfer pricing documentation?
Documentation and the accountant's report apply when you have international transactions with associated enterprises (and certain domestic transactions) above the thresholds in the law. An export to an unrelated customer falls outside that framework.
Can documentation be prepared if our accounts team sits at the factory?
Yes. Plant interviews and data collection can take place at the unit, while the study, benchmarking and report are completed at the Nashik office.
Which Act applies for the tax year beginning 1 April 2026?
For that tax year, transfer pricing is governed by the Income-tax Act, 2025, and the corresponding 1961 section numbers are noted where helpful. Earlier years remain under the 1961 Act.
See also: Transfer pricing, Taxation, Manufacturing finance, Transfer pricing
Industries: Manufacturing
Contact the firm
About Transfer pricing for businesses in Nashik, or any related matter. A phone number or an email address is enough for us to reply.
- Office
- Office at Plot 08, Eden Complex, Gangapur Road, Nashik 422222
- Hours
- 9:30 AM to 8:00 PM; other times by appointment