https://www.taxtmi.com/acts?id=51696 Arm's length price for an international transaction or specified domestic transaction is determined by the most appropriate method, including comparable uncontrolled price, resale price, cost plus, profit split, transactional net margin, or any other prescribed method. The Assessing Officer may determine that price during assessment where the statutory method has not been followed, required records are missing, data is unreliable, or requisitioned information is not furnished in time, after issuing a show-cause notice. Income is then computed by reference to the determined arm's length price, with no deduction under Chapter VIII for the enhanced income. en-us Thu, 14 Aug 2025 11:15:22 +0530 Sat, 04 Apr 2026 12:38:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51696 Arm's length price for an international transaction or specified domestic transaction is determined by the most appropriate method, including comparable uncontrolled price, resale price, cost plus, profit split, transactional net margin, or any other prescribed method. The Assessing Officer may determine that price during assessment where the statutory method has not been followed, required records are missing, data is unreliable, or requisitioned information is not furnished in time, after issuing a show-cause notice. Income is then computed by reference to the determined arm's length price, with no deduction under Chapter VIII for the enhanced income. Act-Rules Income Tax Thu, 14 Aug 2025 11:15:22 +0530 https://www.taxtmi.com/acts?id=51696