The provisions of specified domestic transactions will apply where the aggregate of transactions covered by criteria as given in section 92BA exceeds:

CS Executive · Tax Laws and Practice · PYQS · December 2017
The provisions of specified domestic transactions will apply where the aggregate of transactions covered by criteria as given in section 92BA exceeds:
(A) ₹ 1 crore in a year
(B) ₹ 3 crores in a year
(C) ₹ 5 crores in a year
(D) ₹ 20 crores in a year

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax

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