https://www.taxtmi.com/news?id=71846 Rule 82 prescribes Form No. 46 and Form No. 47 for exercise of the option for determination of arm's length price under section 166(9) of the Income-tax Act, 2025. Form No. 46 is furnished by an assessee for determining arm's length price in respect of international transactions or specified domestic transactions for multiple years in a single proceeding, covering the second and third tax years immediately following the first tax year in which reference has been made under section 166. Form No. 47 is the accompanying accountant's certificate. en-us Thu, 26 Mar 2026 18:47:12 +0530 Fri, 27 Mar 2026 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71846 Rule 82 prescribes Form No. 46 and Form No. 47 for exercise of the option for determination of arm's length price under section 166(9) of the Income-tax Act, 2025. Form No. 46 is furnished by an assessee for determining arm's length price in respect of international transactions or specified domestic transactions for multiple years in a single proceeding, covering the second and third tax years immediately following the first tax year in which reference has been made under section 166. Form No. 47 is the accompanying accountant's certificate. News - Thu, 26 Mar 2026 18:47:12 +0530 https://www.taxtmi.com/news?id=71846