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[Cites 0, Cited by 0] [Section 173] [Entire Act]

Union of India - Subsection

Section 173(e) in The Income Tax Act, 2025

(e)"transaction" includes an arrangement, understanding or action in concert,—
(i)whether or not such arrangement, understanding or action is formal or in writing; or
(ii)whether or not such arrangement, understanding or action is intended to be enforceable by legal proceeding.