Section-167 : Power of Board to make safe harbour rules

1. Section-167 as per act

1. The determination of—
   
   
   1. income referred to in section 9(2); or
   2. arm’s length price under section 165 or 166,

   shall be subject to safe harbour rules.

2. For the purposes of sub-section (1), the Board may make rules for safe harbour.
3. In this section, “safe harbour” means circumstances in which the incometax authorities shall accept,––
   
   
   1. the transfer price; or
   2. the income, deemed to accrue or arise under section 9(2), declared by the assessee.

2. Help and useful links for Section-167

1. Income Tax Help Center
2. Income Tax Act 2025 Home
3. Self Service (DIY) Income Tax Filing made Easy