Notification 116/2024: Redefining Arm’s Length Price Under Section 92C of Income Tax Act

New Definition of Arm’s Length Price of an International or Specified Domestic transaction as per the second proviso under sub-section (2) of Section 92C of Income-tax Act 1961 The Central Board of Direct Taxes (CBDT) has issued Notification No. 116/2024, … Continue reading Notification 116/2024: Redefining Arm’s Length Price Under Section 92C of Income Tax Act