https://www.taxtmi.com/acts?id=51700 Advance pricing agreements modifying income require a return or modified return to be furnished in accordance with and limited to the agreement within three months from the end of the month in which the agreement is entered into. The modified return applies only to the tax years covered by the agreement and is treated as a return under the general return provision, subject to the remaining provisions of the Act as applicable. Where assessment or reassessment proceedings for a covered tax year were already initiated, the Assessing Officer must modify the total income or complete pending proceedings in accordance with the agreement after considering the modified return. en-us Thu, 14 Aug 2025 11:18:33 +0530 Sat, 04 Apr 2026 12:43:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51700 Advance pricing agreements modifying income require a return or modified return to be furnished in accordance with and limited to the agreement within three months from the end of the month in which the agreement is entered into. The modified return applies only to the tax years covered by the agreement and is treated as a return under the general return provision, subject to the remaining provisions of the Act as applicable. Where assessment or reassessment proceedings for a covered tax year were already initiated, the Assessing Officer must modify the total income or complete pending proceedings in accordance with the agreement after considering the modified return. Act-Rules Income Tax Thu, 14 Aug 2025 11:18:33 +0530 https://www.taxtmi.com/acts?id=51700