RULE 82 INCOME-TAX RULES 2026 RULE 82 INCOME-TAX RULES 2026 Exercise of option for determination of arm’s length price for multiple years in a single proceeding. 82. (1) The option or options as per section 166(9)(a) may be exercised by an assessee for determination of arm’s length price for multiple year in a single proceeding by… Read More »
RULE 81 INCOME-TAX RULES 2026 RULE 81 INCOME-TAX RULES 2026 Determination of arm’s length price in certain cases. 81. (1) Where in respect of an international transaction or a specified domestic transaction, the application of the most appropriate method referred to in section 165(3)(b) results in determination of more than one price, the arm’s length price… Read More »
RULE 80 INCOME-TAX RULES 2026 RULE 80 INCOME-TAX RULES 2026 Most appropriate method. 80. (1) For the purposes of section 165(2)(a), the most appropriate method shall be the method which is best suited to the facts and circumstances of each particular international transaction or specified domestic transaction and which provides the most reliable measure of an… Read More »
RULE 79 INCOME-TAX RULES 2026 RULE 79 INCOME-TAX RULES 2026 Determination of arm’s length price under section 165. 79. (1) For the purposes of section 165(2), the arm’s length price in relation to an international transaction or a specified domestic transaction shall be determined by any of the following methods provided in this sub-rule, being the… Read More »
RULE 78 INCOME-TAX RULES 2026 Other method for determination of arm’s length price. 78. For the purposes of section 165(1)(f), the other method for determination of the arm’s length price in relation to an international transaction or a specified domestic transaction shall be any method which takes into account the price, which— (a) has been charged… Read More »
RULE 77 INCOME-TAX RULES 2026 Meaning of expressions used in determination of arm’s length price. 77. For the purpose of this rule and rules 78 to 84,— (a) “associated enterprise” shall have the meaning assigned to it in section 162; (b) “enterprise” shall have the meaning assigned to it in section 173(b) and shall, for the… Read More »
Section 149 Income Tax Act 2025 Deduction in respect of income of co-operative societies. 62 149. 63 (1) If the 64gross total income of an assessee, being a co-operative society, includes any income referred to in sub-section (2), the sums specified in the said sub-section shall, in accordance with and subject to the provisions of this section, be allowed… Read More »
RULE 76 INCOME-TAX RULES 2026 RULE 76 INCOME-TAX RULES 2026 Foreign tax credit. 76. (1) An assessee, being a resident shall be allowed a credit for the amount of any foreign tax paid by him in a country or specified territory outside India, by way of deduction or otherwise, in the tax year in which the… Read More »
RULE 75 INCOME-TAX RULES 2026 Other documents and information to be provided for claiming double taxation relief under section 159(1) and (2) . 75. (1) For the purposes of claiming any double taxation relief under an agreement mentioned in section 159(1) or (2), the other documents and information to be provided by an assessee (not being… Read More »
RULE 73 INCOME-TAX RULES 2026 RULE 74 INCOME-TAX RULES 2026 Taxation of income from retirement benefit account maintained in a notified country. 74. (1) If a specified person has income accrued in a specified account or accounts during a tax year, such income shall, at his option, be included in his total income of the tax… Read More »