Transfer Pricing in Thoraipakkam, Chennai

Quick answer: Virtual Auditor prepares transfer-pricing documentation, benchmarking studies and the accountant's report for companies in Thoraipakkam, Chennai with cross-border or specified domestic related-party transactions, from our head office at Spencer Plaza, Anna Salai, and represents them in transfer-pricing assessments.

Thoraipakkam: the local picture for Transfer Pricing

This page covers Thoraipakkam on the OMR IT corridor. Thoraipakkam lies in Chennai district, Tamil Nadu. Its business mix is typical of a technology and start-up district. Nearby areas we also serve include Perungudi, Injambakkam, Velachery and Taramani. We serve clients in Thoraipakkam from our head office at Spencer Plaza, Anna Salai. IT and IT-enabled service centres here are usually remunerated on a cost-plus basis; the mark-up and the cost base are what assessments test. Income-tax appeals from Thoraipakkam go to the Commissioner (Appeals) and then to the ITAT Chennai Benches; writs lie to the Madras High Court.

What is transfer pricing?

Transfer pricing rules require transactions between associated enterprises — such as an Indian subsidiary and its foreign parent — to be priced as unrelated parties would price them (the arm's length price).

How is the arm's length price determined?

Using the most appropriate of the prescribed methods — comparable uncontrolled price, resale price, cost plus, profit split, transactional net margin or another method — applied to comparable companies or transactions. We run database searches, document the functions, assets and risks of each party, and use the range and multiple-year data permitted by the rules.

What happens in an assessment?

The assessing officer may refer the case to a Transfer Pricing Officer. Adjustments can be contested before the Dispute Resolution Panel or in appeal, and settled for future years through an advance pricing agreement. A primary adjustment can also trigger a secondary adjustment if the excess money is not repatriated.

Full details of transfer pricing, including the law, the process and our method: https://virtualauditor.in/transfer-pricing

What you get from Virtual Auditor in Thoraipakkam

• Assessment and DRP representation
• Functional and FAR analysis
• Benchmarking with comparables

Documents to keep ready

• Details of services, royalties and loans
• Prior-year TP reports and orders
• Intercompany agreements and invoices

Indicative Fee Structure

*Prices are indicative and exclude government fees and taxes. Actual fees depend on scope and complexity; contact us for a fixed quote.

Engagement terms — reviewed 25 October 2026

• Fee: Transfer pricing study with Form 3CEB from ₹1,00,000 + 18% GST.
• Extra / not included: Master file (Form 3CEAA) and CbCR filings, APA work and assessment representation are quoted separately.
• Turnaround: 20 working days from receipt of complete information and the advance payment.
• Who signs: The certificate is signed by V. Viswanathan FCA or another qualified Chartered Accountant of the practice, depending on the engagement.
• Entity: Engagement letter and invoice are issued by V Viswanathan & Associates, Chartered Accountants (FRN 013713S), the proprietary firm of V. Viswanathan.
• What to send first: Send list of related-party transactions with values, intercompany agreements, segmental profit and loss, and the group structure.
• Next step: Send your enquiry on WhatsApp to +91 99622 60333; we confirm the scope, fee and timeline in writing before work starts.