https://www.taxtmi.com/acts?id=10883 Clause 105 provides that income or expense from an international transaction must be determined with regard to the arm's length price. It further requires that allocation, apportionment or contributions to costs connected with benefits, services or facilities provided to associated enterprises be made with regard to the arm's length price where a mutual agreement exists and the provision involves an international transaction, but excludes application where such determination would reduce income chargeable to tax or increase the computed loss recorded in the books for that financial year. en-us Thu, 20 Aug 2009 12:49:13 +0530 Thu, 20 Aug 2009 12:49:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10883 Clause 105 provides that income or expense from an international transaction must be determined with regard to the arm's length price. It further requires that allocation, apportionment or contributions to costs connected with benefits, services or facilities provided to associated enterprises be made with regard to the arm's length price where a mutual agreement exists and the provision involves an international transaction, but excludes application where such determination would reduce income chargeable to tax or increase the computed loss recorded in the books for that financial year. Act-Rules Bills Thu, 20 Aug 2009 12:49:13 +0530 https://www.taxtmi.com/acts?id=10883