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FORM NO. 3CEFA (See subrule (1) of rule 10 ) Application for Opting for Safe Harbour To, The Assessing Officer Sir/Madam, I propose to opt for the safe harbour rules under section 92CB of the Incometax.

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Rule 10TA contains important definitions of the terms like contract research and development services, core auto components, Information Technology Enabled Services (ITES), Knowledge Process Outsourcing Services (KPOS), Operating expenses, Operating revenue, Operating profit margin, Software development services etc.

The transfer pricing documentation shall be required if the value of international transactions exceeds INR 1 crore and specified domestic transactions exceed INR 20 crore in a financial year.

..... the associated enterprises on behalf of the assessee shall be at cost: Provided further that amounts recovered from associated enterprises on account of expenses incurred by the assessee on behalf of the associated enterprises and which relate to normal operations of the assessee shall be at cost;] (k) operating ...

"Safe Harbour" means circumstances in which the income-tax authorities shall accept the transfer price declared by the assessee. Thus, 'safe harbour rules' means binding rules laid down under law which obliges income-tax authorities to accept the transfer price declared by the assessee.

Taxpayers are required to prepare transfer pricing documentation if the company has: Gross income exceeding RM 25 million and the total amount of related party transactions exceeding RM 15 million.

Specified domestic transactions (SDT): Transfer pricing regulation are applicable to domestic transactions that fall under domestic pricing only if the aggregate value is more than the threshold limit of INR 200 million (US$2.7 million).

The transfer pricing documentation shall be required if the value of international transactions exceeds INR 1 crore and specified domestic transactions exceed INR 20 crore in a financial year.

Master File (MF) is required to be electronically filed where the value of international transactions of the enterprise with its Associated Entities (AEs) exceeds INR 500 million during the relevant accounting year (INR 100 million in case of intangible related transactions) and the consolidated global turnover of the ...

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232