Country-by-country reporting requires multinational groups' reporting entities to file consolidated financial and tax data with domestic tax authorities. Constituent entities of international groups must notify the prescribed authority whether they are the alternate reporting entity or provide details of the parent or alternate reporting entity. Where the parent or alternate reporting entity is resident in India, that entity must furnish a prescribed country-by-country report by the income-tax return due date for the reporting accounting year, containing aggregated revenue, profit/loss, tax paid and accrued, stated capital, accumulated earnings, employee numbers, tangible non-cash assets, constituent entity details, and main business activities; verification, threshold exemption and definitional rules apply.