Safe harbour rules india ppt
10TD. Safe Harbour.–. (4) No comparability adjustment and allowance under the second proviso to sub‐section (2) of section 92C shall be made to the transfer price declared by the eligible assessee and accepted under sub‐rules (1) and (2) above. Sep 16, · Transfer pricing report guidelines and safe harbour rules. (3) Safe harbour rules shall not be applicable in respect of an international transaction entered into with an associated enterprise located in any country or territory notified under section 94A of the Income-tax Act, , or in a no tax or low tax country or territory. • Personal income tax affects only about % of India’s population • India is a federation with a parliamentary system governed under the Constitution of India, which serves as the country's supreme legal document. • The President of India is the head of state and is elected indirectly by a national electoral college for a five -year term.