Transaction on arm definition
Transaction on arm s length basis” means a transaction between two related parties that is conducted as if they were unrelated, so that there is no conflict of interest.
Transaction on arm s Length basis” means a transaction between two related parties that is conducted as if they were unrelated, so that there is no conflict of interest. For determination of Arm’s Length basis, guidance may be taken from provisions of Transfer Pricing under Income Tax Act, 1961.
Transaction on arm s Length Basis” means a transaction between two related parties that is