In the past, transfer pricing (TP) provisions were only applicable to international transactions. Specified Domestic Transactions are also included in the concept of ALP. The ALP represents the proposed price to be applied in a transaction between an assessed party and any other unrelated party in an uncontrollable condition.
In the past, transfer pricing (TP) provisions were only applicable to international transactions. Specified Domestic Transactions are also included in the concept of ALP. The ALP represents the proposed price to be applied in a transaction between an assessed party and any other unrelated party in an uncontrollable condition.