Home / 
Amendment of section 92CA
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 92CA shall be subject to safe harbour rules. (2) The Board may, for the purposes of sub-section (1), make rules for safe harbour. Explanation.— For the purposes of this section, "safe harbour" means circumstances in which the income-tax authorities shall accept the transfer price declared by the assessee.'. - Clause 41 of the Bill seeks to insert a new section 92CB in the Income-tax Act,....
TaxTMI