Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020
Section - 4 - Amendment of section 92CA
Amendment of section 92CA.4. (XIII) in section 92CA, after sub-section (7), the following sub-sections shall be inserted with effect from the 1st day of November, 2020, namely:-
| "(8) | - | The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of determination of the arm's length price under sub-section (3), so as to impart greater efficiency, transparency and accountability by- |
| (a) | - | eliminating the interface between the Transfer Pricing Officer and the assessee or any other person to the extent technologically feasible; |
| (b) | - | optimising utilisation of the resources through economies of scale and functional specialisation; |
| (c) | - | Google Play store
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