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of <h1>Indian Entities Must Disclose Info on Foreign Assets with Substantial Value for Income Tax Compliance, Per 2025 Bill</h1> An Indian concern must provide specified information or documents to the prescribed income-tax authority when a foreign company or entity derives substantial value from assets located in India. This requirement applies if the foreign entity holds these assets directly or indirectly through an Indian concern. The information or documents must be furnished within a prescribed period and manner to determine any income accruing or arising in India under the relevant clause of the Income Tax Bill, 2025.
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