Arm's length price rule revised: actual transaction price deemed arm's length if within five per cent variation. The proviso to section 92C(2) is substituted so that where the most appropriate method yields more than one price, the arithmetical mean of those prices shall be the arm's length price, and where the variation between that mean and the actual transaction price does not exceed five per cent. of the actual price, the actual transaction price shall be deemed to be the arm's length price.
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Arm's length price rule revised: actual transaction price deemed arm's length if within five per cent variation.
The proviso to section 92C(2) is substituted so that where the most appropriate method yields more than one price, the arithmetical mean of those prices shall be the arm's length price, and where the variation between that mean and the actual transaction price does not exceed five per cent. of the actual price, the actual transaction price shall be deemed to be the arm's length price.
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