5% Tolerance in Arm’s Length Pricing For Asst Yr 2012-13

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Transfer pricing experts and companies with international operations and subsidiaries trading with each other got a pleasant surprise when they find a CBDT notification fixing tolerance level for Assessment Year 2012-13 at 5 % in case of variation in Arm’s Length Pricing . Significant to note that as per Finance Act 2012 , the tolerance…

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