Income-tax amendment removes reference to section 144 from arm's length price rule in section 165, effective April 2026. The amendment omits the reference to section 144 from subsection (7) of the provision governing determination of the arm's length price in the Income-tax ... Summary
Income-tax amendment removes reference to section 144 from arm's length price rule in section 165, effective April 2026.
The amendment omits the reference to section 144 from subsection (7) of the provision governing determination of the arm's length price in the Income-tax Act, 2025, thereby changing the statutory interaction between the arm's length pricing rule and the referenced provision; it takes effect from 1 April 2026.
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