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    <title>Safe Harbour Rules extended to AY 2023-24 [Sec 92C of ITA&#039;61 - Sec 165 of ITA&#039;25]</title>
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    <description>Safe harbour rules for transfer pricing have been extended so that the regime continues to apply up to Assessment Year 2023-24. The extension preserves the operation of the safe harbour framework for the specified period and continues the measure intended to reduce transfer pricing disputes and provide certainty to taxpayers. The regime covers specified eligible international transactions, and for transactions falling within the prescribed categories and conditions, the transfer price declared by the assessee is to be accepted by the income-tax authorities.</description>
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      <description>Safe harbour rules for transfer pricing have been extended so that the regime continues to apply up to Assessment Year 2023-24. The extension preserves the operation of the safe harbour framework for the specified period and continues the measure intended to reduce transfer pricing disputes and provide certainty to taxpayers. The regime covers specified eligible international transactions, and for transactions falling within the prescribed categories and conditions, the transfer price declared by the assessee is to be accepted by the income-tax authorities.</description>
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