Colgate Palmolive (India) has received a Rs 170 crore Transfer Pricing Order from Income Tax authorities disallowing 'certain' international transactions. The Transfer Pricing Order is for the financial year 2021-22. Transfer Pricing refers to the pricing of cross-border transactions between two related entities. The company will take this before the 'Dispute Resolution Panel' and is awaiting completion of the assessment proceedings.
The company is awaiting completion of the Draft Assessment proceedings and post the same, an application will be made before the Dispute Resolution Panel (DRP). The Assessing Authority has disallowed certain international transactions of the company
There is no impact on the financial, operation or other activities of the company due to this Transfer Pricing Order. The Dispute Resolution Panel is an Alternative Dispute Resolution (ADR) mechanism for resolving disputes related to Transfer Pricing in international transactions.
Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest companies catering to the personal care products.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2241.10 |
| Godrej Consumer Prod | 1108.20 |
| Dabur India | 442.10 |
| Colgate Palmol. (I) | 2106.20 |
| P&G Hygiene | 10006.55 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: