https://www.taxtmi.com/acts?id=9525 Income from an international transaction must be computed with regard to the arm's length price, and allowances for expenses or interest in such transactions are similarly determined. Cost allocations, apportionments or contributions among associated enterprises for benefits, services or facilities must be measured by the arm's length price. These provisions do not apply if their operation would reduce taxable income or increase loss relative to the books of account for the previous year in which the international transaction occurred. en-us Tue, 21 Oct 2008 13:36:09 +0530 Tue, 21 Oct 2008 13:36:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9525 Income from an international transaction must be computed with regard to the arm's length price, and allowances for expenses or interest in such transactions are similarly determined. Cost allocations, apportionments or contributions among associated enterprises for benefits, services or facilities must be measured by the arm's length price. These provisions do not apply if their operation would reduce taxable income or increase loss relative to the books of account for the previous year in which the international transaction occurred. Act-Rules F. Acts / Amendment Acts Tue, 21 Oct 2008 13:36:09 +0530 https://www.taxtmi.com/acts?id=9525