https://www.taxtmi.com/acts?id=23556 The amendment omits clause (i) of section 92BA, removing payments above the statutory monetary threshold from the automatic definition of specified domestic transaction and excluding expenditures paid or payable to persons covered by clause (b) of subsection (2) of section 40A from the scope of section 92BA, thereby relieving those payments from mandatory computation under the arm's length principle as per the amended provision. en-us Wed, 01 Feb 2017 17:50:48 +0530 Wed, 01 Feb 2017 17:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23556 The amendment omits clause (i) of section 92BA, removing payments above the statutory monetary threshold from the automatic definition of specified domestic transaction and excluding expenditures paid or payable to persons covered by clause (b) of subsection (2) of section 40A from the scope of section 92BA, thereby relieving those payments from mandatory computation under the arm's length principle as per the amended provision. Act-Rules Bill Wed, 01 Feb 2017 17:50:48 +0530 https://www.taxtmi.com/acts?id=23556