https://www.taxtmi.com/acts?id=45037 Where related enterprises set conditions between them that differ from those between independent enterprises, profits that would have accrued but for those conditions may be included in the profits of the enterprise to which they would have accrued and taxed accordingly. When one Contracting State includes and taxes such profits, the other Contracting State shall make an appropriate adjustment to the tax charged on those profits, with due regard to the agreement and consultation between competent authorities; the Multilateral Instrument corresponding adjustment rule supersedes the bilateral provision. en-us Wed, 16 Oct 2024 18:10:31 +0530 Tue, 22 Oct 2024 12:51:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45037 Where related enterprises set conditions between them that differ from those between independent enterprises, profits that would have accrued but for those conditions may be included in the profits of the enterprise to which they would have accrued and taxed accordingly. When one Contracting State includes and taxes such profits, the other Contracting State shall make an appropriate adjustment to the tax charged on those profits, with due regard to the agreement and consultation between competent authorities; the Multilateral Instrument corresponding adjustment rule supersedes the bilateral provision. Act-Rules DTAA Wed, 16 Oct 2024 18:10:31 +0530 https://www.taxtmi.com/acts?id=45037