TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2012: Amends Section 92CA to Include Specified Domestic Transactions for Arm's Length Pricing from April 2013.</h1> Clause 38 of the Finance Bill, 2012 amends section 92CA of the Income-tax Act to include 'specified domestic transaction' alongside 'international transaction' for arm's length price computation, effective from April 1, 2013. A new sub-section (2B) is inserted, effective from June 1, 2002, allowing the Transfer Pricing Officer to consider undisclosed international transactions as referred by the Assessing Officer. Sub-section (2C), effective from July 1, 2012, prevents the Assessing Officer from reassessing or altering assessments or refunds for any year before April 1, 2012.
TaxTMI 
TaxTMI 
