The following methods as per section 92C are used in determination of arm's length prices for international transactions and specified domestic transaction except —

CS Executive · Tax Laws and Practice · PYQS · December 2014
The following methods as per section 92C are used in determination of arm's length prices for international transactions and specified domestic transaction except —
(A) Comparable uncontrolled price method
(B) Resale price method
(C) Cost method
(D) Transactional net margin method.

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) Cost method. This answer applies to the historical law and assessment-year context of this December 2014 paper; later amendments may differ.

Topics: International Taxation

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