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Income Tax - Highlights / Catch Notes

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TP Adjustment - valuation of Arms Length Price (ALP) - No Arm's ...


Arm's Length Price Not Needed for Transactions with Specified Persons in Domestic Tax Adjustments.

December 12, 2023

Case Laws     Income Tax     AT

TP Adjustment - valuation of Arms Length Price (ALP) - No Arm's Length Price is required to be determined for a transaction with specified persons in section 40A(2)(b) of a domestic transaction. If no Arm's Length Price is required to be determined, then, no reference was required to be made. - AT

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