Income-tax (2nd Amendment), Rules, 2016 - Amendments in Safe Harbour Rules for Specified Domestic Transactions

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....02(E).-In exercise of the powers conferred by section 92CB, read with section 295 of the Income-tax Act, 1961(43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income tax Rules, 1962, namely:- 1.        (1)  These rules may be called the Income-tax (2nd Amendment), Rules, 2016.  (2)  They sh....

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....shall be substituted; (b) in column 3, after the words after the words "is determined", the words "or the methodology for determination of the tariff is approved" shall be inserted. 5.        In the said rules, in rule 10 THD, in sub-rule (1), for the second proviso, the following proviso shall be substituted, namely:- "Provided further that in re....