Income-tax Act, 2025 · CHAPTER XXIII — MISCELLANEOUS

Section 505Submission of statement by a non-resident having liaison office

Income-tax Act, 2025 (30 of 2025)

Every person, being a non-resident, having a liaison office in India set up as per the guidelines issued by the Reserve Bank of India under the Foreign Exchange Management Act, 1999 (42 of 1999), shall, in respect of its activities in a tax year, prepare and deliver to the Assessing Officer having jurisdiction, a statement, in such form and containing such particulars within such period, as may be prescribed.

Referenced by

§ 460 Penalty for failure to submit statement under section 505

Rule 234 Furnishing of annual statement by a non-resident having liaison office in India