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March 2011

Press Release : Central Board of Direct Taxes — No. 402/92/2006-MC (04 of 2011), dated 12-2-2011.

By Pinky Shah, Sonalee Godbole
Chartered Accountants
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Full texts of
relevant Notifications, Circulars and Forms are available on the BCAS website :
www.bcasonline.org

65 Press Release : Central Board of Direct Taxes — No.
402/92/2006-MC (04 of 2011), dated 12-2-2011.

India has entered into a Tax Information Exchange Agreement
(TIEA) with the Bahamas for sharing information, including exchange of banking
and ownership information. The Agreement was signed on 11th February 2011.

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