Home > Income Tax Act 2025 > Section-174Last Updated: Feb 21st 2025
Section-174 provides for avoidance of income-tax by transactions resulting in transfer of income to non-residents also that the income arising of such transaction be deemed to be income. Learn to understand the section-174 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
any income becomes payable to a non-resident, the provisions of this section shall apply
then, that income shall, whether or not it would have been chargeable to income-tax under any other provisions of this Act, be deemed to be the income of such first mentioned person for all the purposes of this Act.
then any income, which has become the income of a non-resident by virtue or in consequence of such transfer, either alone or in conjunction with associated operations, shall be deemed to be the income of such first mentioned person for all the purposes of this Act, whether or not it would have been chargeable to income-tax under any other provisions of this Act.
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.