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[Cites 0, Cited by 0] [Section 66] [Entire Act]

Union of India - Subsection

Section 66(1) in The Income Tax Act, 2025

(1)"agreement", for the purposes of section 26(2)(h), includes any arrangement or understanding or action in concert,—
(A)whether or not such arrangement, understanding or action is formal or in writing; or
(B)whether or not such arrangement, understanding or action is intended to be enforceable by legal proceedings;