https://www.taxtmi.com/article/detailed?id=15739 The Income Tax Act, 2025 redefines international transaction under section 163 to require dealings between associated enterprises with at least one non-resident and enumerates tangible and intangible property, services, capital financing, cost-sharing arrangements, business restructurings, and a residual clause. It introduces deemed international transactions to capture indirect arrangements determined by associated enterprises, expands the statutory definition of intangible property to include modern digital and contractual rights, and increases documentation and compliance obligations to align with OECD/BEPS guidance and prevent profit shifting. en-us Sat, 17 Jan 2026 08:48:13 +0530 Sat, 17 Jan 2026 08:48:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15739 The Income Tax Act, 2025 redefines international transaction under section 163 to require dealings between associated enterprises with at least one non-resident and enumerates tangible and intangible property, services, capital financing, cost-sharing arrangements, business restructurings, and a residual clause. It introduces deemed international transactions to capture indirect arrangements determined by associated enterprises, expands the statutory definition of intangible property to include modern digital and contractual rights, and increases documentation and compliance obligations to align with OECD/BEPS guidance and prevent profit shifting. Articles Income Tax Sat, 17 Jan 2026 08:48:13 +0530 https://www.taxtmi.com/article/detailed?id=15739