send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
In a bid to reduce disputes related to transfer pricing Safe Harbour Rules have recently been notified. Which amongst the following is/are incorrect about safe harbour rules?
1. These are the circumstances under which the tax department shall accept the transfer price
2. This will help resolve the tax and transfer pricing related disputes.
Select the correct answer using the codes given below
1 Only
2 Only
Both 1 and 2
Neither 1 nor 2
Second statement is incorrect i.e. Safe Harbour Rules will help resolve the tax and transfer pricing related disputes.
A safe harbor is a provision in a law or regulation that affords protection from liability or penalty under specific situations, or if certain conditions are met. Sometimes a safe harbor reduces liability if "good faith" is demonstrated.
Safe harbor provisions came into the news in 2015 in relation to data transfer between the European Union (EU) and the U.S. for law enforcement purposes. This was a case in which a safe harbor provision was actually taken away, not invoked.
By: Cammy Garg ProfileResourcesReport error
Access to prime resources
New Courses