Safe harbour rules accept transfer prices or deemed income declared by taxpayers, creating a predictable compliance pathway for transfer pricing. Section 92CB authorises the Board to make safe harbour rules for determining income under clause (i) of section 9(1) and arm's length price under sections ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Safe harbour rules accept transfer prices or deemed income declared by taxpayers, creating a predictable compliance pathway for transfer pricing.
Section 92CB authorises the Board to make safe harbour rules for determining income under clause (i) of section 9(1) and arm's length price under sections 92C and 92CA; safe harbour denotes circumstances in which income-tax authorities accept the transfer price or deemed income declared by the assessee.
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