CBDT invites comments on draft notification proposing amendment to Rule 44E, Form 34C, 34D and 34DA as per BEPS Action 5, for improving transparency in tax rulings https://www.taxtmi.com/news?id=19912 The draft notification proposes requiring advance-ruling applications to record details of a non-resident's immediate and ultimate parent companies for exchange of rulings on Permanent Establishment, and implementing consequential amendments to advance-ruling rules and forms to align with a statutory redefinition of the term applicant under the Income-tax law. en-us Sat, 14 Apr 2018 12:22:33 +0530 Sat, 14 Apr 2018 12:22:33 +0530 TaxTMI RSS Generator CBDT invites comments on draft notification proposing amendment to Rule 44E, Form 34C, 34D and 34DA as per BEPS Action 5, for improving transparency in tax rulings https://www.taxtmi.com/news?id=19912 The draft notification proposes requiring advance-ruling applications to record details of a non-resident's immediate and ultimate parent companies for exchange of rulings on Permanent Establishment, and implementing consequential amendments to advance-ruling rules and forms to align with a statutory redefinition of the term applicant under the Income-tax law. News - Sat, 14 Apr 2018 12:22:33 +0530 https://www.taxtmi.com/news?id=19912