<h1>CBDT Sets Transfer Pricing Tolerance for 2024-25: 1% for Wholesale Trading, 3% for Others, Eases Taxpayer Uncertainty.</h1> The Central Board of Direct Taxes (CBDT) has announced the tolerance range for transfer pricing for the assessment year 2024-25, providing certainty to taxpayers and reducing risk perception in transaction pricing. According to the notification, if the variation between the arm's length price and the actual transaction price does not exceed a specified percentage, the transaction price is deemed the arm's length price. The tolerance range is set at 1% for wholesale trading transactions and 3% for others. Wholesale trading is defined by specific conditions related to purchase costs and inventory levels.