Tag: Country-by-Country Reporting
India-USA agreement on exchange of Country-by-Country reporting notified by CBDT MINISTRY OF FINANCE (Department of Revenue) Notification No. 37/2019 New Delhi, the 25th April, 2019 (INCOME TAX) S.O.1653(E).—Whereas an Inter-Governmental Agreement for Exchange of Country-by-Country Reports was entered into by the Government of the Republic of India and the Government …
India to Sign Bilateral Agreement for Exchange of Country-by-Country (CbC) Reports with USA on or before 31st March, 2019 Signing of Bilateral Agreement for Exchange of Country-by-Country (CbC) Reports between India and the USA Sub-section (4) of Section 286 of the Income-tax Act, 1961 requires that a constituent …
Appropriate use of Country by Country Reports CBDT has issued Instruction No. 2/2018 dated 27th June, 2018 on the use of CbC Reports by the Transfer Pricing Officer (TPO) during the TP audits. The purposes for which the reports shall be used and when their use shall be …
Due date for furnishing Country-by-Country report -CBDT Clarification The Government of India issues clarification regarding requirement for furnishing of Country-by Country Report under Section 286(4) of Income Tax Act, 1961. In keeping with India’s commitment to implement the Recommendations of the 2015 Final Report on Action 13, titled “Transfer Pricing …
Transfer Pricing Documentation and Country-by-Country Reporting. Rules 10DA, 10DB and form nos. 3CEBA to 3CEBE proposed laying down guidelines for maintaining and furnishing of transfer pricing documentation in the Master File and Country-by-Country report. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes …
