Meaning of international transaction

Defines international transaction for transfer pricing purposes: any transaction between associated enterprises, either or both of whom are non-residents, in the nature of purchase, sale, or lease of tangible/intangible property, provision of services, or lending/borrowing.

Key provisions

• Defines international transaction for transfer pricing purposes: any transaction between associated enterprises, either or both of whom are non-residents, in the nature of purchase, sale, or lease of tangible/intangible property, provision of services, or lending/borrowing.

Use via API

curl https://api.thynktax.com/v1/tax-law/sections/by-2025-ref/258

{
  "act_2025_ref": "258",
  "old_reference": "Section 92B, Income Tax Act 1961",
  "title": "Meaning of international transaction",
  "category": "Section",
  "limit_or_rate": "-",
  "applicable_to": "-",
  "effective_from": "2026-04-01"
}