https://www.taxtmi.com/acts?id=6222 Article 9 defines associated enterprises where cross participation in management, control or capital exists or the same persons participate in both enterprises. If conditions between them differ from those between independent enterprises, profits that would have accrued but for those conditions may be included in taxable profits and taxed. When one State includes and taxes such adjusted profits that correspond to profits taxed in the other State, the other State shall make an appropriate corresponding tax adjustment, with due regard to the Convention and consultation between the competent authorities. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 21 Nov 2024 18:17:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6222 Article 9 defines associated enterprises where cross participation in management, control or capital exists or the same persons participate in both enterprises. If conditions between them differ from those between independent enterprises, profits that would have accrued but for those conditions may be included in taxable profits and taxed. When one State includes and taxes such adjusted profits that correspond to profits taxed in the other State, the other State shall make an appropriate corresponding tax adjustment, with due regard to the Convention and consultation between the competent authorities. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6222