India's Central Board of Direct Taxes has issued Notification No. 124/2024 of 29 November 2024, which contains the Income Tax (Tenth Amendment) Rules 2024. 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 2023-24 (financial year 2022-23), the amendment rules provide that the safe h…