https://www.taxtmi.com/notifications?id=118257 For Assessment Year 2015 2016 the actual transaction price is deemed to be the arm's length price where the variation between the arm's length price under section 92C and the actual price does not exceed the notified tolerances for wholesale trading and for other cases. Wholesale trading is defined as trading in goods where purchase cost of finished goods is at least eighty percent of total cost and average monthly closing inventory is ten percent or less of sales. en-us Thu, 29 Oct 2015 00:00:00 +0530 Sat, 08 Jun 2019 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=118257 For Assessment Year 2015 2016 the actual transaction price is deemed to be the arm's length price where the variation between the arm's length price under section 92C and the actual price does not exceed the notified tolerances for wholesale trading and for other cases. Wholesale trading is defined as trading in goods where purchase cost of finished goods is at least eighty percent of total cost and average monthly closing inventory is ten percent or less of sales. Notifications Income Tax Thu, 29 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=118257