Arms length price


This query is : Resolved 

(Querist)
15 April 2015 what is arms length price

vignesh (Expert)
17 April 2015 A transaction in which the buyers and sellers of a product act independently and have no relationship to each other. The concept of an arm's length transaction is to ensure that both parties in the deal are acting in their own self interest and are not subject to any pressure or duress from the other party.

vignesh (Expert)
17 April 2015 Greetings mvpranav,
A transaction in which the buyers and sellers of a product act independently and have no relationship to each other. The concept of an arm's length transaction is to ensure that both parties in the deal are acting in their own self interest and are not subject to any pressure or duress from the other party.


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