Transfer Pricing Implications

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..... where the tax rates are lower. To prevent this erosion of tax which was otherwise leviable in India, these provision have been introduced. These provisions relate to : * Computation of income from international transactions having regard to the arm's length price [Section 92]; * Meaning of associated enterprise [Section 92A]; * Meaning of international transaction [Section 92B]; * Meanin .....

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..... avoidance of tax by entering into transaction with non -residents. Section 93: Avoidance of income by transaction resulting in transfer of income to non-residents. Section 94A: Special measures in respect of transaction with persons located in notified jurisdictional area. Section 94B: Limitation of interest deduction in certain cases. Transfer pricing Regulation apply to certain specified dom .....

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