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    <title>Insertion of new section 285A- Furnishing of information or documents by an Indian concern in certain cases</title>
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    <description>Where a foreign company or entity&#039;s shares derive substantial value from assets located in India and those assets are held, directly or indirectly, through an Indian concern, that Indian concern must furnish prescribed information or documents to the prescribed income-tax authority within the prescribed period and manner for purposes of determining income accruing or arising in India under the relevant provision concerning income from transferable assets.</description>
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      <description>Where a foreign company or entity&#039;s shares derive substantial value from assets located in India and those assets are held, directly or indirectly, through an Indian concern, that Indian concern must furnish prescribed information or documents to the prescribed income-tax authority within the prescribed period and manner for purposes of determining income accruing or arising in India under the relevant provision concerning income from transferable assets.</description>
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