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Section43
The Finance Act, 2020

Amendment of Section 92CB

In force As on 09 Oct 2026

Ministry Finance Cited by 2 provisions

Section 43 of the Finance Act, 2020 deals with amendment of Section 92CB. Amendment of section 92CB. 43. In section 92CB of the Income-tax Act,— (I) | for sub-section (1), the following sub-section shall be substituted, namely:— "(1) The determination of— (a) | income referred to in clause (i) of sub-section (1) of section 9;

Amendment of section 92CB.

43. In section 92CB of the Income-tax Act,—

(I)for sub-section (1), the following sub-section shall be substituted, namely:—
"(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.";
(II)in sub-section (2), in the Explanation, for the words "the transfer price, declared by the assessee", the words, brackets and figures "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" shall be substituted.
Section 43, The Finance Act, 2020.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 9 Amendment of Section 11
  2. Income-tax Act s. 92CB Power of Board to make safe harbour rules

Referred to by 2

  1. s. 21 Amendment of Section 43
  2. s. 82 Amendment of Section 194LC

Questions about Section 43

What does Section 43 of the Finance Act deal with?

Section 43 of the Finance Act is headed "Amendment of Section 92CB". Amendment of section 92CB. 43. In section 92CB of the Income-tax Act,— (I) | for sub-section (1), the following sub-section shall be substituted, namely:— "(1) The determination of— (a) | income referred to in clause (i) of sub-section (1) of section 9;

How do I find court cases under Section 43 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2020 43, section 43 Finance Act 2020, section 43 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 43 of the Finance Act, and has it changed?

Its own text turns on section 9 (Amendment of Section 11), Income-tax Act 92CB (Power of Board to make safe harbour rules), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.

When was the Finance Act enacted?

Finance Act was enacted in 2020. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument. This page is not a substitute for legal advice.