The CBDT vide Notification No. 58/2023 dated August 09, 2023 has extended the applicability of Rule 10TD(1) and Rule 10(2A) of the Income-tax Rules, 1962 (“the IT Rules”), until the Assessment Year 2023-24.
Rule 10TD of the IT Rules pertains to the list of eligible international transactions in which the transfer price declared by the assessee is required to be accepted by the Income-tax Authorities.
The Notification can be accessed at: https://egazette.gov.in/WriteReadData/2023/247974.pdf