Section 182 — Treatment of connected person and accommodating party

Old Act equivalent: Section 92CE of IT Act 1961 Sub-part: Transfer Pricing

Statutory Text

In this Chapter, in determining whether a tax benefit exists,— ( a) the parties who are connected persons in relation to each other may be treated as one and the same person; ( b) any accommodating party may be disregarded; ( c) the accommodating party and any other party may be treated as one and the same person; ( d) the arrangement may be considered or looked through by disregarding any corporate structure. Application of this Chapter.

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To be updated.