Home > Income Tax Act 2025 > Section-161Last Updated: Feb 21st 2025
Section-161 provides for computation of income from international transaction and specified domestic transaction having regard to arm’s length price. Learn to understand the section-161 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
the cost or expense allocated or apportioned to, or, contributed by, any such enterprise shall be determined having regard to the arm's length price of such benefit, service or facility.
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.