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  • Form 54 - Form of application under section 168 of the Income-tax Act, 2025
Shweta Verma
March 23, 2026

Submitted By: Shweta Verma

Form 54 - Form of application under section 168 of the Income-tax Act, 2025

In cases wherein, the Taxpayer has already signed an Agreement or has previously filed an application under Form 3CED (new Form 51) for APA which is being processed, filing a fresh Form 3CED (new Form 51) represents a repetition of applications which runs counter to the aim of the APA program of providing advanced certainty to applicants in terms of their tax obligations. This is even more relevant in cases where the transactions proposed to be undertaken and the terms and conditions proposed in the current application are the same or highly similar to those in the earlier signed APA/ application filed. This renewal form aims to ensure non-duplication of efforts and lowering of compliance burden for applicants already engaged in the APA process.

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