Home > Income Tax Act 2025 > Section-168Last Updated: Feb 21st 2025
Section-168 provides for advance pricing agreement between the taxpayer and the tax authorities to pre-determine the arm’s length price for specified transactions. Learn to understand the section-168 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
with such adjustments or variations, as may be necessary or expedient so to do
in respect of which the advance pricing agreement has been entered into, shall be determined as per the advance pricing agreement so entered.
during any period not exceeding four tax years preceding the first of the tax years referred to in sub-section (4).
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.