Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Form No. 60 reporting rules require online filing of Form No. 61, retention, verification, and secure electronic transmission procedures. Persons covered by rule 114C who receive Form No. 60 in relation to a transaction specified in rule 114B must furnish a statement in Form No. 61 to the Director or Joint Director of Income-tax (Intelligence and Criminal Investigation) by online transmission of electronic data and obtain an acknowledgement number. Form No. 60 must be retained for six years from the end of the financial year in which the transaction was undertaken. The statement is subject to prescribed filing deadlines, verification requirements, and system-based procedures for secure capture, transmission, archival and retrieval of data.
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.
Form No. 60 reporting rules require online filing of Form No. 61, retention, verification, and secure electronic transmission procedures.
Persons covered by rule 114C who receive Form No. 60 in relation to a transaction specified in rule 114B must furnish a statement in Form No. 61 to the Director or Joint Director of Income-tax (Intelligence and Criminal Investigation) by online transmission of electronic data and obtain an acknowledgement number. Form No. 60 must be retained for six years from the end of the financial year in which the transaction was undertaken. The statement is subject to prescribed filing deadlines, verification requirements, and system-based procedures for secure capture, transmission, archival and retrieval of data.
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