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<h1>Section 511 requires country-by-country reporting, Indian entities to notify tax authority and file consolidated reports within 12 months</h1> Section 511 imposes country-by-country reporting duties for international groups with constituent entities resident in India: Indian resident constituent entities must notify the tax authority if the group parent is non-resident; Indian parent or alternate reporting entities must file an annual consolidated report within 12 months of the reporting year; fallback filing applies where the parent jurisdiction neither files nor exchanges reports or has a systemic failure. The enacted text and the original Bill differ only in minor drafting and prescription phrasing, not in substance; key operational details (forms, deadlines, revenue threshold) remain delegated to subordinate rules and must be monitored for compliance.