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'Specified domestic transaction' threshold under Section 92BA:

ANo threshold
BRs. 5 crore
CRs. 10 crore
DAggregate > Rs. 20 crore in PY
Answer & Solution
Correct answer: D. Aggregate > Rs. 20 crore in PY
1. Section 92BA defines SDT for TP applicability to related-party domestic transactions. 2. Applies if aggregate value > Rs. 20 crore in PY. 3. Covered: related-party transactions under 40A(2), payments to specified persons for AS-eligible expenditure, transactions involving profit-linked deduction units. _Source: ICAI BoS CA Final Paper 7, Ch 9 "Assessment of Various Entities"_
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