corporate and professional update july 20, 2016
Professional Update for the Day: DIRECT TAX: Income Tax: CBDT has notified the transfer pricing- computation of arm’s length price. It notified percentage under third proviso to section 92C vide Notification No. 57/2016 dated 14th July 2016. The Central Government hereby notifies that where the variation between the arm’s length price determined under section 92C …