Arm's length price applied to specified domestic transactions, governing valuation of goods and services for tax purposes. The Explanation to section 80A is amended to provide that, in relation to any goods or services sold, supplied or acquired that are specified domestic transactions, their value shall mean the arm's length price as defined in the transfer pricing definition, thereby aligning valuation of such domestic transactions with the arm's length standard.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Arm's length price applied to specified domestic transactions, governing valuation of goods and services for tax purposes.
The Explanation to section 80A is amended to provide that, in relation to any goods or services sold, supplied or acquired that are specified domestic transactions, their value shall mean the arm's length price as defined in the transfer pricing definition, thereby aligning valuation of such domestic transactions with the arm's length standard.
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