Meaning of specified domestic transaction.92BA.
For the purposes of this section and sections 92
, "specified domestic transaction" in case of an assessee
means any of the following transactions, not being an international transaction, namely:— (i
) any transaction referred to in section 80A
) any transfer
of goods or services referred to in sub-section (8) of section 80-IA
) any business
transacted between the assessee and other person
as referred to in sub-section (10) of section 80-IA
) 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 twenty crore rupees.