https://www.taxtmi.com/news?id=72187 Form 163 is the reporting statement for indirect transfers of assets located in India under section 506 of the Income-tax Act, 2025 and Rule 235 of the Income-tax Rules, 2026. It is to be furnished by an Indian concern, or its representative, where a non-resident transfers shares or interests in a foreign company or entity in a manner affecting assets, rights, management or control in relation to the Indian concern. The form is filed electronically within the prescribed timelines and supports computation of income reported in Form 4. en-us Fri, 03 Apr 2026 17:32:58 +0530 Fri, 03 Apr 2026 17:32:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72187 Form 163 is the reporting statement for indirect transfers of assets located in India under section 506 of the Income-tax Act, 2025 and Rule 235 of the Income-tax Rules, 2026. It is to be furnished by an Indian concern, or its representative, where a non-resident transfers shares or interests in a foreign company or entity in a manner affecting assets, rights, management or control in relation to the Indian concern. The form is filed electronically within the prescribed timelines and supports computation of income reported in Form 4. News - Fri, 03 Apr 2026 17:32:58 +0530 https://www.taxtmi.com/news?id=72187