Monday 7 September 2015

CBDT changes procedures and standards for reporting of financial transactions under FATCA

IT/ILT : Section 285BA of the Income-Tax Act, 1961, Read with Rule 114G of the Income-Tax Rules, 1962 - Furnish Statement of Financial Transaction or Reportable Account - Obligation to - Procedure for Registration and Submission of Report as Per Clause (K) of Section 285Ba(1) – Withdrawal of Notification No.3/2015, Dated 25-8-2015

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