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Commerce · Q242

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 242

Q242

'International transaction' is a transaction between:

A.
Two or more unrelated enterprises either or both of whom are residents in India
B.
Two or more associated enterprises, either or both of whom are residents in India
C.
Two or more associated enterprises, either or both of whom are non-residents or not in India
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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