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<h1>Non-residents with Indian Liaison Offices Must File Annual Statement Form 49C Under New Rule 114DA</h1> The Income-tax (Second Amendment) Rules, 2012, effective from April 1, 2012, introduce Rule 114DA and Form No. 49C under the Income-tax Rules, 1962. Rule 114DA mandates non-residents with liaison offices in India to submit an annual statement in Form No. 49C as per Section 285 of the Income-tax Act, 1961. This statement must be verified by a Chartered Accountant or an authorized signatory and submitted electronically with a digital signature. The Director General of Income-tax (Systems) will establish the filing procedure and ensure security and archival measures. Form No. 49C requires detailed information regarding the liaison office's activities, financial transactions, and personnel.