https://www.taxtmi.com/acts?id=21237 A statutory country-by-country reporting regime requires Indian-resident constituent entities of international groups to notify the tax authority of parent or alternate reporting entity details. Parent or alternate reporting entities resident in India must annually file prescribed group reports with jurisdictional aggregated financial and operational metrics, constituent entity details, and business activity descriptions by the corporate return due date. Indian constituents must file where the parent jurisdiction lacks an exchange agreement or has a notified systemic failure, subject to designation rules, verification powers of the authority, a consolidated-revenue threshold, and prescribed guidelines and definitions. en-us Fri, 06 May 2016 17:11:14 +0530 Tue, 15 Jul 2025 18:24:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21237 A statutory country-by-country reporting regime requires Indian-resident constituent entities of international groups to notify the tax authority of parent or alternate reporting entity details. Parent or alternate reporting entities resident in India must annually file prescribed group reports with jurisdictional aggregated financial and operational metrics, constituent entity details, and business activity descriptions by the corporate return due date. Indian constituents must file where the parent jurisdiction lacks an exchange agreement or has a notified systemic failure, subject to designation rules, verification powers of the authority, a consolidated-revenue threshold, and prescribed guidelines and definitions. Act-Rules F. Acts / Amendment Acts Fri, 06 May 2016 17:11:14 +0530 https://www.taxtmi.com/acts?id=21237