Wednesday, 6 June 2012

Other Method to determine the Arms Length Price has been notified vide notification dated 18/12: 23 May 2012.

10AB.  For the purposes of clause (f) of sub-section (1) of section 92C, the other method for determination of the arms'
length price in relation to an international transaction shall be any method which takes into account the price which has been
charged or paid, or would have been charged or paid, for the same or similar uncontrolled transaction, with or between non
associated enterprises, under similar circumstances, considering all the relevant facts.“
3. In rule 10B of the said rules, in sub rule (1), after clause (e), the following clause shall be inserted, namely:-
"(f) Any other method as provided in rule 10AB.”

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