https://www.taxtmi.com/acts?id=12217 Where a party to a transaction is located in a notified jurisdictional area, all parties are deemed to be associated enterprises and specified dealings are treated as international transactions, bringing transfer pricing and related provisions into application. Deductions for payments to financial institutions in such areas require prescribed authorization for information access; other allowances from such transactions require prescribed documentation. Unexplained receipts from such persons may be taxed as the assessee's income, and payments to such persons subject to higher required withholding. en-us Sun, 10 Apr 2011 14:45:43 +0530 Thu, 28 Aug 2025 14:09:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12217 Where a party to a transaction is located in a notified jurisdictional area, all parties are deemed to be associated enterprises and specified dealings are treated as international transactions, bringing transfer pricing and related provisions into application. Deductions for payments to financial institutions in such areas require prescribed authorization for information access; other allowances from such transactions require prescribed documentation. Unexplained receipts from such persons may be taxed as the assessee's income, and payments to such persons subject to higher required withholding. Act-Rules Income Tax Sun, 10 Apr 2011 14:45:43 +0530 https://www.taxtmi.com/acts?id=12217