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Three-Year Block Assessment for Transfer Pricing

January 1, 2025
Three-Year Block Assessment for Transfer Pricing

Three-Year Block Assessment for Transfer Pricing

India's 2025 Finance Bill introduces an optional three-year block assessment scheme. If the Transfer Pricing Officer establishes an Arm's Length Price (ALP) for one year, the same method may apply for the next two years, aiming to reduce administrative burden and disputes.

Source:

Official Bill PDF: Income Tax Bill, 2025 (See Block Assessment & Transfer Pricing Clauses)

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