https://www.taxtmi.com/acts?id=10884 Computation of the arm's length price for international transactions must use the prescribed most appropriate method, chosen by reference to transaction nature, associated enterprise class, and functions performed; application follows prescribed procedure. A single price from the method is the arm's length price, multiple prices are averaged. The actual transaction price is deemed arm's length if within a prescribed tolerance of the computed price. One enterprise's arm's length determination shall not cause recomputation of another's income. Enhanced income following this computation is not deductible under sub chapter I of Chapter III. Determination is subject to Board framed safe harbour rules. en-us Thu, 20 Aug 2009 12:49:41 +0530 Thu, 20 Aug 2009 12:49:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10884 Computation of the arm's length price for international transactions must use the prescribed most appropriate method, chosen by reference to transaction nature, associated enterprise class, and functions performed; application follows prescribed procedure. A single price from the method is the arm's length price, multiple prices are averaged. The actual transaction price is deemed arm's length if within a prescribed tolerance of the computed price. One enterprise's arm's length determination shall not cause recomputation of another's income. Enhanced income following this computation is not deductible under sub chapter I of Chapter III. Determination is subject to Board framed safe harbour rules. Act-Rules Bills Thu, 20 Aug 2009 12:49:41 +0530 https://www.taxtmi.com/acts?id=10884