https://www.taxtmi.com/acts?id=53810 Section 2 of the Income-tax Act, 2025 is amended to expand the definition of co-operative society, revise the treatment of advances or loans between group entities involving a Finance Company or Finance Unit and an entity located outside India, and update the meanings of group entity, parent entity, and principal entity by reference to the International Financial Services Authority (Payment Services) Regulations, 2024. en-us Tue, 31 Mar 2026 15:22:41 +0530 Tue, 31 Mar 2026 15:22:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53810 Section 2 of the Income-tax Act, 2025 is amended to expand the definition of co-operative society, revise the treatment of advances or loans between group entities involving a Finance Company or Finance Unit and an entity located outside India, and update the meanings of group entity, parent entity, and principal entity by reference to the International Financial Services Authority (Payment Services) Regulations, 2024. Act-Rules F. Acts / Amendment Acts Tue, 31 Mar 2026 15:22:41 +0530 https://www.taxtmi.com/acts?id=53810