TY - GEN AU - ROY, SUJIT KUMAR AU - PYNE, PALLAB TI - International transfer pricing: The current landscape in India PY - 2012/// N2 - Mutinational corporations (MNCs) are not new phenomenon, but since the world war II (1935-1945), their spectacular rise has considerably reshaped both the global economy and the world politics. With the intnsifying force of globalization, the influence of the MNCs in the world economy has further deepend so much that 80% of the world's industrial production is said to be generated by 1000 largest MNCs and as much as one third of the total US international trade is conducted by and withinUS owned MNCs by means of intercompany transactions ER -