https://www.taxtmi.com/acts?id=10374 Permits reallocation and taxation of profits between related enterprises when conditions between them differ from those between independent enterprises, applying the arm's-length principle to attribute profits that would otherwise have accrued. If one jurisdiction taxes such reallocated profits that have been taxed in the other jurisdiction, that other jurisdiction shall make an appropriate adjustment to its tax, with due regard to the treaty and consultation between competent authorities. en-us Sat, 17 Jan 2009 18:58:56 +0530 Mon, 25 Nov 2024 17:35:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10374 Permits reallocation and taxation of profits between related enterprises when conditions between them differ from those between independent enterprises, applying the arm's-length principle to attribute profits that would otherwise have accrued. If one jurisdiction taxes such reallocated profits that have been taxed in the other jurisdiction, that other jurisdiction shall make an appropriate adjustment to its tax, with due regard to the treaty and consultation between competent authorities. Act-Rules DTAA Sat, 17 Jan 2009 18:58:56 +0530 https://www.taxtmi.com/acts?id=10374