GlossaryITXWhat is Arm's Length Price?
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What is Arm's Length Price?

The arm's length price (ALP) is the price that would be charged in a comparable transaction between unrelated parties under similar conditions.

Bare Law Reference: Section 92C; Rules 10B, 10CA.

Detailed Explanation

How it works

It is determined using the most appropriate of the prescribed methods (CUP, RPM, CPM, PSM, TNMM or the other method), supported by a benchmarking study.

Frequently asked questions

What is the arm's length price?

The price unrelated parties would agree in a comparable transaction, used to test related-party pricing.

How is ALP determined?

Using the most appropriate of the prescribed methods, with a benchmarking study and FAR analysis.

This content is for general guidance only and does not constitute professional advice. Tax law changes frequently — verify the current position and consult a qualified Chartered Accountant before acting. Last reviewed: June 2026.

Key Takeaways

  • ALP is the unrelated-party price benchmark.
  • Determined by the most appropriate method.
  • Supported by a benchmarking study.