India Extends Transfer Pricing Safe Harbor Rules

India's Central Board of Direct Taxes has issued Notification No. 117/2021, which contains the Income Tax (30th Amendment) Rules 2021. The amendment rules extend the transfer pricing safe harbor rules contained in Rule 10TD of the Income Tax Rules 1962. Previously extended for the assessment year 2020-21, the amendment rules provided that the extension applies for assessment years 2020-21 and…
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