Information or documents to be furnished under section 285A

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... (2) The information shall be furnished in Form No. 49D electronically under digital signature to the Assessing Officer having jurisdiction over the Indian concern within a period of ninety days from the end of the financial year in which any transfer of the share of, or interest in, a company or entity incorporated outside India (hereafter referred to as "foreign company or entity") referred ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ny or companies or entity or entities and ultimate holding company or entity of the Indian concern; (ii) details of other entities in India of the group of which the Indian concern is a constituent ; (iii) the holding structure of the shares of, or the interest in, the foreign company or entity before and after the transfer; (iv) any transfer contract or agreement entere....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....asis of the consideration in respect of share, or the interest; (viii) the asset valuation report and other supporting evidence to determine the place of location of the share or interest being transferred; (ix) the details of payment of tax outside India, which relates to the transfer of the share or interest; (x) the valuation report in respect of Indian asset and tota....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ation in accordance with the provisions of this rule. (5) The Principal Director General of Income-tax (Systems) or Director General Income-tax (Systems), as the case may be, shall specify the procedure for electronically filing of Form No. 49D and shall also be responsible for evolving and implementing appropriate security, archival and retrieval policies in relation to the information so furn....