The monetary limit for specified domestic transaction in order to be liable for transfer pricing provision should exceed, in aggregate, in a year:

CS Executive · Tax Laws and Practice · PYQS · June 2019
The monetary limit for specified domestic transaction in order to be liable for transfer pricing provision should exceed, in aggregate, in a year:
(A) ₹20 Crore
(B) ₹10 Crore
(C) ₹5 Crore
(D) ₹3 Crore

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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