Section 40A(2)(b): Powerful Insights on Domestic Transfer Pricing in the GST Era
The landscape of domestic transfer pricing in India has been evolving, particularly in the context of the Goods and Services Tax (GST) regime. As businesses navigate the complexities of GST compliance and inter-unit transactions, several key legal developments have shaped the approach to transfer pricing, especially with respect to Section 40A(2)(b) of the Income Tax…