https://www.taxtmi.com/news?id=11542 The statement adopts Safe Harbour rules under section 92CB for specified international transactions, prescribing sectoral ceilings and corresponding acceptable operating profit margins, interest rates or guarantee fees that tax authorities will accept as arm's length. The regime is conditional and time limited, excludes transactions with associated enterprises in jurisdictions notified under section 94A or no/low tax territories, requires a prior opt in by prescribed form, bars taxpayers who opt in from invoking Mutual Agreement Procedure, and permits the Transfer Pricing Officer to accept the declared transfer price or determine arm's length price under sections 92C/92CA if the option is invalid. en-us Wed, 14 Aug 2013 18:26:02 +0530 Wed, 14 Aug 2013 18:26:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11542 The statement adopts Safe Harbour rules under section 92CB for specified international transactions, prescribing sectoral ceilings and corresponding acceptable operating profit margins, interest rates or guarantee fees that tax authorities will accept as arm's length. The regime is conditional and time limited, excludes transactions with associated enterprises in jurisdictions notified under section 94A or no/low tax territories, requires a prior opt in by prescribed form, bars taxpayers who opt in from invoking Mutual Agreement Procedure, and permits the Transfer Pricing Officer to accept the declared transfer price or determine arm's length price under sections 92C/92CA if the option is invalid. News - Wed, 14 Aug 2013 18:26:02 +0530 https://www.taxtmi.com/news?id=11542