Clause 43 - Amendment of section 92CB. - Finance Bill, 2020

Amendment of section 92CB. 43. In section 92CB of the Income-tax Act, for sub-section (1 ), the following sub-section shall be substituted, namely: (1 ) The determination of (a ) income referred to in clause (i ) of sub-section (1 ) of section 9; or (b ) arm s length price under section 92C or section 92CA, shall be subject to safe harbour rules. .