Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Furnishing of Report in respect of an International Group

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... irector General of Income-tax (Systems), as the case may be. ] (2) The notification under sub-section (1) of section 286 shall be made in Form No. 3CEAC two months prior to the due date for furnishing of report as specified under sub-section (2) of said section. ] (3) Every parent entity or the alternate reporting entity, as the case may be, resident in India, shall, for every reporting ac .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ) of section 286 regarding the designated constituent entity shall be furnished in Form No. 3CEAE. ] (6) For the purposes of sub-section (7) of section 286, the total consolidated group revenue of the international group shall be 7 [ six thousand four hundred ] crore rupees. (7) Where the total consolidated group revenue of the international group, as reflected in the consolidated financ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... as assigned in the Explanation to rule 26; (B) the terms accounting year , alternate reporting entity , consolidated financial statement , international group and reporting accounting year shall have the same meaning as assigned in sub-section (9) of section 286.] ******************* Notes:- 1 Inserted vide notification no. 92/2017 dated 31.10.2017 2 Subst .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... up; or (b) the details of the parent entity or the alternate reporting entity, as the case may be, of the international group and the country or territory of which the said entities are residents. (2) Every intimation under sub-rule (1) shall be made at least two months prior to the due date for furnishing of report as specified under sub-section (2) of section 286. 4. Omitted vide NOTI .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 286 shall be the Joint Commissioner as may be designated by the Director General of Income-tax (Risk Assessment). 7. Substituted vide Notification No. G.S.R 250(E) dated 05-04-2021 w.e.f. 01-04-2021 before it was read as five thousand five hundred - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates