Income-tax Rules, 2026

Rule 77Meaning of expressions used in determination of arm's length price

Income-tax Rules, 2026 · G.S.R. 198(E), dated 20-03-2026

For the purpose of this rule and rules 78 to 84, —

(a)"associated enterprise" shall have the meaning assigned to it in section 162;

(b)"enterprise" shall have the meaning assigned to it in section 173(b) and shall, for the purposes of a specified domestic transaction, include a unit, or an enterprise, or an undertaking or a business of a person who undertakes such transaction;

(c)"property" includes goods, articles or things, and intangible property;

(d)"services" include financial services;

(e)"transaction" includes a number of closely linked transactions; and

(f)"uncontrolled transaction" means a transaction between enterprises other than associated enterprises, whether resident or non-resident.

This rule refers to

Rule 78 Other method for determination of arm's length price

Rule 79 Determination of arm's length price under section 165

Rule 80 Most appropriate method

Rule 81 Determination of arm's length price in certain cases

Rule 82 Exercise of option for determination of arm's length price for multiple years in a single proceeding

Rule 83 Time period for repatriation of excess money under section 170(2) and computation of interest income under section 170(4) pursuant to secondary adjustments

Rule 84 Information and documents to be kept and maintained under section 171(1)

§ 162 Meaning of associated enterprise

§ 173 Definitions of certain terms relevant to determination of arm’s length price, etc