CBDT eases revenue threshold for MNEs for country-by-county report
CBDT eases revenue threshold for MNEs for country-by-county report SECTIONS Share Synopsis The Board also clarified that once an entity has been designated to file a Master File on behalf of an international group, such designation would be for Indian and foreign entities as well. Agencies The two changes have been introduced as amendments to sections 10DA and 10DB of the income-tax rules and Form 3CEAB to remove words ‘resident in India’, in a notification issued Tuesday. They come into effect from April 1, 2021. The Central Board of Direct Taxes has increased the consolidated group reve...