Finance Act, 2012, (Central) Section 23 - Bare Act |
| State | Central Government |
| Year | 2012 |
| Section Title | Amendment of Section 80a |
In section 80A of the Income-tax Act, in sub-section (6), in the Explanation, after clause (ii), the following clause shall be inserted with effect from the 1st day of April, 2013, namely:--
"(iii) in relation to any goods or services sold, supplied or acquired means the arm's length price as defined in clause (ii) of section 92F of such goods or services, if it is a specified domestic transaction referred to in section 92BA.".