Non-residents with liaison offices in India must file Form 49C annually by April 1, 2025, per Section 285.

Non-residents with liaison offices in India must submit an annual statement detailing their activities within sixty days of the financial year's end, as per Section 285 of the Income Tax Act, amended to take effect from April 1, 2025. This statement, in Form 49C, must be electronically filed with a digital signature and verified by an authorized signatory. The Director General of Income-tax (Systems) will oversee the filing procedures. Failure to submit the statement on time incurs penalties: INR 1,000 per day for up to three months, and INR 100,000 beyond that period, as per Section 271GC.