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<h1>Country-by-country reporting requirement: multinational groups must notify authorities and file consolidated jurisdictional financial information.</h1> Resident constituent entities must notify the prescribed authority if part of an international group with a non-resident parent and identify any parent or designated alternate reporting entity. A parent or alternate reporting entity resident in India must file a jurisdictional report for each reporting accounting year within the prescribed period containing aggregated country-by-country financial and operational data, constituent entity particulars and principal business activities. Alternate filing arrangements, exceptions based on filing in another jurisdiction, verification notices by the tax authority, and a consolidated revenue threshold exemption are prescribed.