https://www.taxtmi.com/acts?id=3185 Computation of the arm's length price requires selecting the most appropriate method from prescribed comparability approaches, with the assessing officer empowered to determine the arm's length price during assessment if transaction pricing, documentation, or data reliability is deficient; the assessee must be given an opportunity to show cause and the officer may recompute total income accordingly, with prescribed limits on deductions where income is enhanced and rules preventing recomputation of the other associated enterprise's income in certain circumstances. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 13:24:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3185 Computation of the arm's length price requires selecting the most appropriate method from prescribed comparability approaches, with the assessing officer empowered to determine the arm's length price during assessment if transaction pricing, documentation, or data reliability is deficient; the assessee must be given an opportunity to show cause and the officer may recompute total income accordingly, with prescribed limits on deductions where income is enhanced and rules preventing recomputation of the other associated enterprise's income in certain circumstances. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3185