Finance Acts

Section - 21 - Amendment of section 92CA

Amendment of section 92CA.

21. In section 92CA of the Income-tax Act,-

(a)- with effect from the 1st April, 2026,-
(i)- in sub-section (1), the following provisos shall be inserted, namely:-
-"Provided that no reference for computation of the arm's length price in relation to an international transaction or a specified domestic transaction shall be made, if the Transfer Pricing Officer has declared that option exercised by the assessee in sub-section (3B) in relation to such transaction is valid for such previous year:
-Provided further that if any reference for an international transaction or a specified domestic transaction, in respe .... To read the full section download the app from Google Play store