Section – 92CA : Reference to Transfer Pricing Officer
March 1, 2018
Section – 92CC : Advance pricing agreement
March 1, 2018

Section – 92CB : Power of Board to make safe harbour rules

92CB.(1) The determination of arm’s length price under section 92C or section 92CA shall be subject to safe harbour rules24.

(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.

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