TMI BlogIncome Tax Act Section 92: Transfer Pricing Ensures Arm's Length Transactions, Doesn't Create New Taxable Income Categories.Transfer pricing - ALP - Section 92 is not an independent charging section to bring in a new head of income or to charge tax on income which is otherwise not chargeable under the Act. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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