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<h1>Secondary Adjustment Aligns Profit Allocation with Transfer Pricing Under Section 92CE(3)(v) of Income Tax Act 1961</h1> Secondary Adjustment refers to an adjustment made in the financial records of a taxpayer and its associated enterprise to ensure that the profit allocation aligns with the transfer price established through a primary adjustment. This adjustment aims to eliminate discrepancies between the cash account and the actual profit of the taxpayer, as outlined in section 92CE(3)(v) of the Income Tax Act 1961.