https://www.taxtmi.com/acts?id=5541 Where related enterprises have conditions differing from those between independent enterprises, profits that would have accrued but for those conditions may be included in and taxed in the enterprise to which they would have accrued under the arm's length principle. If one State taxes such adjusted profits, the other State shall make an appropriate adjustment to avoid double taxation, with competent authorities consulting as necessary, subject to the taxing State's statute of limitations. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 28 Aug 2024 14:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5541 Where related enterprises have conditions differing from those between independent enterprises, profits that would have accrued but for those conditions may be included in and taxed in the enterprise to which they would have accrued under the arm's length principle. If one State taxes such adjusted profits, the other State shall make an appropriate adjustment to avoid double taxation, with competent authorities consulting as necessary, subject to the taxing State's statute of limitations. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5541