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Section 92BA(i) Not Applicable: International Transactions Under Rs. 1 Crore, AO May Review u/s 40A(2)(b) Provisions.

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....Applicability of section 92BA(i) on the SDT [Specified domestic transactions] - Since in this case the assessee has undertaken international transactions for a sum which is less than Rs. 1 crore, therefore the TP adjustment should not be made. - However, AO can examine the issue in terms of the provision of sec. 40A(2)(b) - AT....

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