SPECIAL PROVISIONS RELATING TO AVOIDANCE OF TAX - Income Tax Bill, 2025

Chapter: X
SPECIAL PROVISIONS RELATING TO AVOIDANCE OF TAX
Clause 161	:	Computation of income from international transaction and specified domestic transaction having regard to arm’s length price. Clause 161 of the Bill provides for computation of income from international transaction and specified domestic transaction h....
Clause 162	:	Meaning of associated enterprise. Clause 162 of the Bill seeks to define the expression associated enterprise .....
Clause 163	:	Meaning of international transaction. Clause 163 of the Bill seeks to define the expression international transaction .....
Clause 164	:	Meaning of specified domestic transaction. Clause 164 of the Bill seeks to define the expression specified domestic transaction .....
Clause 165	:	Determination of arm's length price. Clause 165 of the Bill provides for determination of arm s length price and the methods for determining the arm s length pric....
Clause 166	:	Reference to Transfer Pricing Officer. Clause 166 of the Bill provides for referral of cases by the Assessing Officer to the Transfer Pricing Officer for determinin....
Clause 167	:	Power of Board to make safe harbour rules. Clause 167 of the Bill provides for power of Board to make safe harbour rules to simplify compliance and reduce litigation.....
Clause 168	:	Advance pricing agreement. Clause 168 of the Bill provides for advance pricing agreement between the taxpayer and the tax authorities to pre-determine t....
Clause 169	:	Effect to advance pricing agreement. Clause 169 of the Bill, inter alia, seeks to provide for giving effect to advance pricing agreement entered into by an assess....
Clause 170	:	Secondary adjustment in certain cases. Clause 170 of the Bill provides for secondary adjustment in certain cases to ensure that the actual allocation of profits bet....
Clause 171	:	Maintenance, keeping and furnishing of information and document by certain persons. Clause 171 of the Bill provides for maintenance, keeping and furnishing of information and document by certain persons and do....
Clause 172	:	Report from an accountant to be furnished by persons entering into international transaction or specified domestic transaction. Clause 172 of the Bill provides for report from an accountant to be furnished by persons entering into international transact....
Clause 173	:	Definitions of certain terms relevant to determination of arm’s length price, etc. Clause 173 of the Bill provides for definitions of certain terms relevant to determination of arm s length price, etc.....
Clause 174	:	Avoidance of income-tax by transactions resulting in transfer of income to non-residents. Clause 174 of the Bill provides for avoidance of income-tax by transactions resulting in transfer of income to non-residents ....
Clause 175	:	Avoidance of tax by certain transactions in securities. Clause 175 of the Bill provides for avoidance of tax by certain transactions in securities arising from such securities for s....
Clause 176	:	Special measures in respect of transactions with persons located in notified jurisdictional area. Clause 176 of the Bill seeks to provide for special measures in respect of transactions with persons located in notified juri....
Clause 177	:	Limitation on interest deduction in certain cases. Clause 177 of the Bill seeks to provide for limitation on interest deduction in certain cases.....