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Whether Domestic Transfer Pricing Provision Is Applicable If No Value Is Recorded In Books Of Account?

QUERY: The Finance Act, 2012 had introduced an amendment that transfer pricing provisions will apply to Specified Domestic Transactions (SDT) if the aggregate value of such transactions exceeds Rs. 5/- crores. What would the term refer to here? Is it possible to argue that if no value is recorded for a transaction in the books of accounts, it will not attract the TP provisions?
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S. 92BA has been inserted by the Finance Act, 2012 with effect from April 01, 2013 which reads as under:

Meaning of specified domestic transaction

‘92BA. For the purposes of this section and sections 92,

Posted in Income-tax