CBDT notifies Tolerance Limit of 1% for Wholesale Traders and 3% for others under transfer pricing for AY 2020-21 [Read Notification]

The Central Board of Direct Taxes (CBDT) notified the tolerance limit of 1% for wholesale traders and 3% for others under transfer pricing for Assessment Year 2020-21. The Central Government hereby notifies that where the variation between the arm’s length price determined under section 92C of the Income-tax Act, 1961 and the price at which […]

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