Furnishing of information: Indian concern must disclose documents when a foreign entity's value derives substantially from Indian assets. An Indian concern must furnish information or documents to the prescribed income-tax authority where a share or interest in a foreign company or entity derives its value substantially from assets located in India and the foreign entity holds those assets through the Indian concern, for determination of any income accruing or arising in India under the cited provision, within the period and in the manner prescribed.
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.
Furnishing of information: Indian concern must disclose documents when a foreign entity's value derives substantially from Indian assets.
An Indian concern must furnish information or documents to the prescribed income-tax authority where a share or interest in a foreign company or entity derives its value substantially from assets located in India and the foreign entity holds those assets through the Indian concern, for determination of any income accruing or arising in India under the cited provision, within the period and in the manner prescribed.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
