https://www.taxtmi.com/news?id=18796 A Memorandum of Understanding institutes an automatic and regular exchange of information between the Ministry of Corporate Affairs and the Central Board of Direct Taxes, requiring routine sharing of PAN data linked to Corporate and Director Identity Numbers, corporate income tax returns, registrar filed financial statements, share allotment returns, audit reports, and bank statements of financial transactions, applicable to Indian and foreign corporates, with additional on request exchanges for scrutiny, inspection, investigation and prosecution. en-us Thu, 14 Sep 2017 16:10:03 +0530 Thu, 14 Sep 2017 16:10:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18796 A Memorandum of Understanding institutes an automatic and regular exchange of information between the Ministry of Corporate Affairs and the Central Board of Direct Taxes, requiring routine sharing of PAN data linked to Corporate and Director Identity Numbers, corporate income tax returns, registrar filed financial statements, share allotment returns, audit reports, and bank statements of financial transactions, applicable to Indian and foreign corporates, with additional on request exchanges for scrutiny, inspection, investigation and prosecution. News - Thu, 14 Sep 2017 16:10:03 +0530 https://www.taxtmi.com/news?id=18796