https://www.taxtmi.com/acts?id=11772 Determination of arm's length price requires selecting and applying the prescribed most appropriate transfer pricing method based on transaction nature, class of transaction, class of associated enterprise, functions performed and other prescribed factors; a single price from that method is the arm's length price or, if multiple prices arise, their arithmetical mean is used. The actual transaction price is deemed arm's length if variation from the computed price falls within the prescribed de minimis tolerance. Income of one associated enterprise shall not be recomputed due to determination for another, deductions are restricted in respect of income enhanced by this computation, and the determination is subject to safe harbour rules. en-us Fri, 17 Sep 2010 10:26:34 +0530 Fri, 17 Sep 2010 10:26:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11772 Determination of arm's length price requires selecting and applying the prescribed most appropriate transfer pricing method based on transaction nature, class of transaction, class of associated enterprise, functions performed and other prescribed factors; a single price from that method is the arm's length price or, if multiple prices arise, their arithmetical mean is used. The actual transaction price is deemed arm's length if variation from the computed price falls within the prescribed de minimis tolerance. Income of one associated enterprise shall not be recomputed due to determination for another, deductions are restricted in respect of income enhanced by this computation, and the determination is subject to safe harbour rules. Act-Rules Bills Fri, 17 Sep 2010 10:26:34 +0530 https://www.taxtmi.com/acts?id=11772