Annual information return requirement compels specified authorised officers to report designated transactions annually using Form AIRF. The rules require specified authorised officers to furnish an annual information return (Form AIRF) with prescribed annexures reporting defined transactions: officers authorised by the Reserve Bank of India must report foreign remittances for receipt of services under enumerated purpose codes where remittances for the entity exceed the monetary threshold, using Annexure AIRA I; officers authorised by State Electricity Boards or licensees must report electricity consumed by identified manufacturers using induction furnaces or rolling mills producing goods under Section XV whose aggregate clearances exceed the monetary threshold, using Annexure AIRA II, with identification intimated by the Principal Chief Commissioner or Chief Commissioner.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Annual information return requirement compels specified authorised officers to report designated transactions annually using Form AIRF.
The rules require specified authorised officers to furnish an annual information return (Form AIRF) with prescribed annexures reporting defined transactions: officers authorised by the Reserve Bank of India must report foreign remittances for receipt of services under enumerated purpose codes where remittances for the entity exceed the monetary threshold, using Annexure AIRA I; officers authorised by State Electricity Boards or licensees must report electricity consumed by identified manufacturers using induction furnaces or rolling mills producing goods under Section XV whose aggregate clearances exceed the monetary threshold, using Annexure AIRA II, with identification intimated by the Principal Chief Commissioner or Chief Commissioner.
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