Section 92BA:
Meaning of specified domestic transaction.
1For the purposes of this section and
sections 92, 92C, 92D and 92E, “specified domestic transaction” in case of an assessee means any of the
following transactions, not being an international transaction, namely:—
2
* * * * *
(ii) any transaction referred to in section 80A;
(iii) any transfer of goods or services referred to in sub-section (8) of section 80-IA;
(iv) any business transacted between the assessee and other person as referred to in
sub-section (10) of section 80-IA;
(v) any transaction, referred to in any other section under Chapter VI-A or section 10AA, to
which provisions of sub-section (8) or sub-section (10) of section 80-IA are applicable; or
(vi) any other transaction as may be prescribed,
and where the aggregate of such transactions entered into by the assessee in the previous year exceeds a
sum of 3
twentycrore rupees.
Notes:
1. Ins. by Act 23 of 2012, s. 36 (w.e.f. 1-4-2013).
2. Clause (i) omitted by Act 7 of 2017, s. 41 (w.e.f. 1-4-2017).
3. Subs. by Act 20 of 2015, s. 25, for “five crore rupees” (w.e.f. 1-4-2016).