77. Meaning of expressions used in determination of arm‘s length price.—

 

For the purpose of this rule and rules 78 to 84, —

 

(a) "associated enterprise" shall have the meaning assigned to it in section 162;

 

(b) "enterprise" shall have the meaning assigned to it in section 173(b) and shall, for the purposes of a specified domestic transaction, include a unit, or an enterprise, or an undertaking or a business of a person who undertakes such transaction;

 

(c) "property" includes goods, articles or things, and intangible property;

 

(d) "services" include financial services;

 

(e) "transaction" includes a number of closely linked transactions; and

 

(f) "uncontrolled transaction" means a transaction between enterprises other than associated enterprises, whether resident or non-resident.