International Financial Services Centre deduction declaration sets out unit details, eligibility, opted claim period, and continuing business conditions. Statement-cum-declaration to be furnished by a Unit of International Financial Services Centre to the payer for claiming deduction under section 147 of the Income-tax Act, 2025. The form captures the unit's identification details, permission or registration particulars, the period for which the deduction is opted to be claimed, and the initial tax year for which the deduction was claimed. The declarant must confirm that the unit is engaged in the specified business, remains a unit in the International Financial Services Centre, and continues that business during the relevant tax year, with verification that the particulars are correct and complete.
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International Financial Services Centre deduction declaration sets out unit details, eligibility, opted claim period, and continuing business conditions.
Statement-cum-declaration to be furnished by a Unit of International Financial Services Centre to the payer for claiming deduction under section 147 of the Income-tax Act, 2025. The form captures the unit's identification details, permission or registration particulars, the period for which the deduction is opted to be claimed, and the initial tax year for which the deduction was claimed. The declarant must confirm that the unit is engaged in the specified business, remains a unit in the International Financial Services Centre, and continues that business during the relevant tax year, with verification that the particulars are correct and complete.
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