92CB Power of Board to make safe harbour rules
(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.
(2) The Board may, for the purposes of sub-section (1), make rules for safe harbour.
Explanation.—For the purposes of this section, "safe harbour" means circumstances in which the income-tax authorities shall accept the transfer price or income, deemed to accrue or arise under clause (i) of sub-section (1) of section 9, as the case may be, declared by the assessee.