Rule – 10TG, Mutual Agreement Procedure not to apply

10TGWhere transfer price in relation to an eligible international transaction declared by an eligible assessee is accepted by the income-tax authorities under section 92CB, the assessee shall not be entitled to invoke mutual agreement procedure under an agreement for avoidance of double taxation entered into with a country or specified territory outside India as referred to in section 90 or 90A.

Reference: www.incometaxindia.gov.in

Leave a Reply

Your email address will not be published. Required fields are marked *

+ 60 = 67

super-app

Try HostBooks
SuperApp Today

Create a free account to get access and start
creating something amazing right now!

gsp-stamp gsp-stamp safe-to-host