476 International Transfer Pricing 2013/14 Introduction A separate code on transfer pricing under Sections 92 to 92F of the Indian Income Tax Act, 1961 (the Act) covers intra-group cross-border transactions which is applicable from 1 April 2001 and specified domestic transactions which is applicable from 1 April 2012. Provided the implementation of the new Direct Tax Code is not deferred by the Government. 486 International Transfer Pricing 2013/14 India Where an Indian taxpayer is providing such services, the taxpayer should be compensated on an armâs-length basis.
Picture from Glen Canyon National Recreation Area, Utah. The Principle of Original Horizontality states that layers of sediment are originally deposited horizontally under the action of gravity . It is a relative dating technique. The principle is important to the analysis of folded and tilted strata.
In common usage, linearity refers to a mathematical relationship or function that can be graphically represented as a straight line, as in two quantities that are directly proportional to each other, such as voltage and current in an RLC circuit, or the mass and weight of an object.ote that this usage of the term linear is not the same as the above, because linear polynomials over the real numbers do not in general satisfy either additivity or homogeneity. In fact, they do so if and only if b = 0.