What aggregate value must eligible domestic transactions exceed during a tax year to meet section 164’s specified domestic transaction threshold?
Question and options
What aggregate value must eligible domestic transactions exceed during a tax year to meet section 164’s specified domestic transaction threshold?
₹10 crore
₹5 crore
₹20 crore
₹100 crore
Answer and explanation
Correct answer: C - ₹20 crore
Section 164 of the Income-tax Act, 2025 treats the listed domestic transactions as specified domestic transactions only where their aggregate in the tax year exceeds twenty crore rupees. Below that figure, the transfer-pricing provisions do not apply to them.
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