TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2022 amends Section 92CA of Income-tax Act, extending arm's length price determination deadline to 2024.</h1> Clause 24 of the Finance Bill, 2022 proposes an amendment to section 92CA of the Income-tax Act, specifically in sub-section (9). The amendment involves changing the date in the proviso from 2022 to 2024, allowing the Central Government to extend the period for issuing directions related to the determination of the arm's length price. This section aims to enhance efficiency, transparency, and accountability in transfer pricing by minimizing direct interactions, optimizing resource use, and implementing team-based pricing determinations. The amendment is effective from April 1, 2022.
TaxTMI 
