Kamalpreet posted an Question
April 12, 2020 • 16:45 pm 20 points
  • UGC NET
  • Commerce

Provisions of transfer pricing in income tax act

provisions of transfer pricing in income tax act and their explanation and meaning

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    Amrutha best-answer

    The important provisions regarding transfer pricing are as follows 1.As per sec 92 Any income from international transaction should be calculated as per Arms length price. 2..in computing the income the interest and expenses should also calculate I. arm's length price 3.Any cost or expense in connection with a benefit ,service or facility provided to any enterprise should also be calculated as per Arms length price

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