https://www.taxtmi.com/acts?id=51704 Definitions set the standard for determining arm's length price-the price between independent parties in uncontrolled conditions-for application to transfer pricing and anti-avoidance provisions. Enterprise encompasses persons or permanent establishments engaged in production, IP exploitation, services, contract work, investment or securities dealings, including activities through units or subsidiaries. "Permanent establishment" includes a fixed place of business; "specified date" is one month before the income tax return due date; and "transaction" covers arrangements or concerted actions whether formal, written or enforceable. en-us Thu, 14 Aug 2025 11:19:39 +0530 Wed, 27 Aug 2025 17:17:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51704 Definitions set the standard for determining arm's length price-the price between independent parties in uncontrolled conditions-for application to transfer pricing and anti-avoidance provisions. Enterprise encompasses persons or permanent establishments engaged in production, IP exploitation, services, contract work, investment or securities dealings, including activities through units or subsidiaries. "Permanent establishment" includes a fixed place of business; "specified date" is one month before the income tax return due date; and "transaction" covers arrangements or concerted actions whether formal, written or enforceable. Act-Rules Income Tax Thu, 14 Aug 2025 11:19:39 +0530 https://www.taxtmi.com/acts?id=51704