TPA - where the variation between the arm’s length price ...

Arm's Length Price Considered Valid if Variation is Within 1% for Wholesale, 3% for Others u/s 92C.

July 19, 2016

Notifications Income Tax

TPA - where the variation between the arm’s length price determined u/s 92C and the price at which the international transaction or specified domestic transaction has actually been undertaken does not exceed 1% of the latter in respect of wholesale trading and 3% of the latter in all other cases, the price at which the international transaction or specified domestic transaction has actually been undertaken shall be deemed to be the arm’s length price for Assessment Year 2016-2017.

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TPA - where the variation between the arm’s length price ...

Arm's Length Price Considered Valid if Variation is Within 1% for Wholesale, 3% for Others u/s 92C.

July 19, 2016

Notifications Income Tax

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