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Jurisdiction list update: specified foreign jurisdictions set for section 285BA reporting and related tax information obligations. Amendment substitutes the Table in Notification No. 78/2018 to specify the foreign jurisdictions applicable for the purposes of section 285BA of the Income tax Act, as read with the Explanation to clause (6) of rule 114F; the replacement Table lists the named jurisdictions that determine the territorial scope of the reporting mechanism under the said provision.
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Provisions expressly mentioned in the judgment/order text.
Jurisdiction list update: specified foreign jurisdictions set for section 285BA reporting and related tax information obligations.
Amendment substitutes the Table in Notification No. 78/2018 to specify the foreign jurisdictions applicable for the purposes of section 285BA of the Income tax Act, as read with the Explanation to clause (6) of rule 114F; the replacement Table lists the named jurisdictions that determine the territorial scope of the reporting mechanism under the said provision.
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