Section 17 of Delhi Value Added Tax 2004 - Transactions between related parties

What is the treatment of Transactions between related parties Section 17 of DVAT Act 2004

Section 17 : Transactions between related parties - Delhi Value Added Tax Act 2004

If
(a) a registered dealer sells or gives goods to a related person;

(b) the terms or conditions of the transaction have been influenced by the
relationship; and

(c) the related person had purchased the goods, the related person would not be entitled to a tax credit for the purchase, or the amount of the tax credit would be reduced under sub-section (3) of section 9 of this Act;

the transaction shall be deemed to be a sale made by the registered dealer and the sale price of the goods shall be deemed to be their fair market value.