CBDT
CBDT panel to formulate safe harbour provisions
By admin at 11 January, 2010, 11:27 am
The Central Board of Direct Taxes (CBDT) has set up a committee to formulate rules for the safe harbour provisions—a set of rules that would enable the income tax (I-T) authorities to accept the transfer pricing returns without scrutiny.
Transfer pricing refers to the price at which one arm of a company, usually a [...]