HOW TO PAY TDS ON PROPERTY PURCHASE FROM 1ST APRIL 2026 I HOW TO FILE FORM141 INCOME TAX RULES 2026 Also refer Form 141 Income Tax Rules 2026 pdf download (Earlier Form 26QB/26QC/26QD/26QD/26QR) New Income Tax Rules 2026 queries solved tds on property purchase, new form 141 income tax, how to pay tds… Read More »
RULE 91 INCOME-TAX RULES 2026 Procedure relating to transactions of provision of information technology services. 91. (1) Where option for safe harbour is exercised in respect of eligible international transaction being provision of information technology services, such option for safe harbour, once exercised validly, shall continue to remain in force for a period of five consecutive… Read More »
RULE 90 INCOME-TAX RULES 2026 Procedure relating to transactions other than provision of information technology services. 90. (1) For the purposes of exercise of the option for safe harbour,— (a) the assessee shall furnish Form No. 49, complete in all respects, to the Assessing Of-ficer on or before the due date specified in section 263(1)(c) for… Read More »
RULE 89 INCOME-TAX RULES 2026 Safe harbour for eligible international transactions. 89. (1) The transfer price de-clared by an eligible assessee in respect of an eligible international transaction for a tax year shall be accepted by the income-tax authorities, if— (a) the option exercised by the said assessee is not held to be invalid under rule… Read More »
RULE 88 INCOME-TAX RULES 2026 Eligible international transactions for safe harbour. 88. An “eligible international transaction” means an international transaction between the eligible assessee and its associated enterprise, one of which is necessarily a non-resident, and which comprises of— (a) provision of information technology services consisting of any one or more of the following:— (i) provision… Read More »
RULE 87 INCOME-TAX RULES 2026 Eligible assessee for safe harbour rules for international transactions. 87. (1) Subject to the provisions of sub-rules (2) and (3), the “eligible assessee” means a person who has exercised a valid option for application of safe harbour rules in accordance with rule 90, and— (a) is engaged in providing information technology… Read More »
RULE 86 INCOME-TAX RULES 2026 Definitions for safe harbour rules for international transactions. 86. For the purposes of this rule and rules 87 to 93, — (a) “accountant”— (i) means an accountant referred to in section 515(3)(b), who fulfils the following conditions: — (A) if he is pursuing the profession of accountancy individually or is a… Read More »
RULE 85 INCOME-TAX RULES 2026 Report from an accountant to be furnished under section 172. 85. (1) The report from an accountant, as defined in section 515(3)(b), required to be furnished under section 172 by every person who has entered into an international transaction or a specified domestic transaction during a tax year, shall be in… Read More »
RULE 84 INCOME-TAX RULES 2026 Information and documents to be kept and maintained under section 171(1) . 84. (1) Every person who has entered into an international transaction or a specified domestic transaction, shall keep and maintain the following information and documents:— (a) a description of the ownership structure of the assessee enterprise with details of… Read More »
RULE 83 INCOME-TAX RULES 2026 Time period for repatriation of excess money under section 170(2) and computation ofinterest income under section 170(4) pursuant to secondary adjustments. 83. (1) For the purposes of section 170(2)(b), the time limit for repatriation of excess money or part thereof in the circumstances mentioned in column B of the following Table… Read More »