The monetary limit for aggregate transactions between two enterprises to fall in the category of specified domestic transaction is —

CS Executive · Tax Laws and Practice · PYQS · December 2016
The monetary limit for aggregate transactions between two enterprises to fall in the category of specified domestic transaction is —
(A) ₹5 crore
(B) ₹3 crore
(C) ₹20 crore
(D) ₹25 crore.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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