Subscribe to the Bombay Chartered Accountant Journal Subscribe Now!

March 2012

Annual Statement to be filed by liaison offices — Notification No. 5/2012, dated 6-2-2012.

By Pinky Shah, Sonalee Godbole, Chartered Accountants
Reading Time 1 mins
fiogf49gjkf0d
The Finance Act, 2011 has directed all liaison offices to submit an annual statement to the Tax Department in the prescribed form and manner. The CBDT has inserted a new Rule 114DA vide Income-tax (2nd Amendment) Rules, 2012 wherein a Form 49C has been prescribed for filing such annual statement within 60 days from the end of the financial year. This Form needs to be verified by a CA or a person authorised by the non-resident to sign such form. It needs to be furnished electronically, digitally signed and the related rules shall be formed by the DGIT (Systems).

Download PDF

You May Also Like

Direct Tax Instruction No. 1/2012, dated 2-2- 2012 — F.No. 225/34/2011-ITA.II — Instructions for processing returns for A.Y. 2011-12 (reproduced).

Circular No. 2/2012 [F. No. 142-01-2012- SO(TPL)], dated 22-5-2012 regarding Explanatory notes to the provisions of the Finance Act, 2011.