Deemed international transaction rule extended to cover transactions where the enterprise or associated enterprise are non residents. Amendment substitutes "deemed to be an international transaction" into sub section (2) of section 92B and inserts that where the enterprise or the ... Summary
Deemed international transaction rule extended to cover transactions where the enterprise or associated enterprise are non residents.
Amendment substitutes "deemed to be an international transaction" into sub section (2) of section 92B and inserts that where the enterprise or the associated enterprise or both are non residents, the provision applies irrespective of whether the other person is a non resident.
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