https://www.taxtmi.com/article/detailed?id=13349 Deletion of Section 92BA clause (i) means payments earlier captured as specified domestic transaction under Section 40A(2)(b) are no longer within that definition, treated as if the provision never existed. For inter unit profitability comparisons post GST, lower net profit in a unit does not warrant adjustments absent demonstrable discrepancies: the Assessing Officer must point to book irregularities, valid rejection of accounts, specific revenue misstatements, or bogus/excessive expense claims; ordinary cost differentials like depreciation or input costs are legally insufficient to justify additions. en-us Sat, 18 Jan 2025 10:37:35 +0530 Sat, 18 Jan 2025 10:37:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13349 Deletion of Section 92BA clause (i) means payments earlier captured as specified domestic transaction under Section 40A(2)(b) are no longer within that definition, treated as if the provision never existed. For inter unit profitability comparisons post GST, lower net profit in a unit does not warrant adjustments absent demonstrable discrepancies: the Assessing Officer must point to book irregularities, valid rejection of accounts, specific revenue misstatements, or bogus/excessive expense claims; ordinary cost differentials like depreciation or input costs are legally insufficient to justify additions. Articles Income Tax Sat, 18 Jan 2025 10:37:35 +0530 https://www.taxtmi.com/article/detailed?id=13349