Computation of income from international transaction having regard to Arms's Length Price - Section 92 of the Income-tax Act - Reference to Transfer Pricing Officer and his role - regarding

Transfer pricing case selection: manual referral to Transfer Pricing Officers approved to ensure uniform application of arm's length rules.

Assessing authorities may refer international-transaction cases to a Transfer Pricing Officer for determination under the arm's length price standard; manual case selection for such references is approved by the Central Board of Direct Taxes to ensure timely and uniform implementation of transfer pricing rules until computer software for automated selection is available.