Category: Income Tax

The variation between Arm’s Length Price as per Section 92C and the the price at which International & Specified Domestic Transaction undertaken has Notified by CBDT

In exer­cise the pow­er con­ferred by the sec­ond pro­vi­so to sub-sec­­tion (2) of sec­tion 92C of Income Tax Act, 1961, the Cen­tral Gov­ern­ment here­by noti­fied that where the vari­a­tion between the arm’s length price deter­mined under sec­tion 92C and the…