Section 285 - Submission of statement by a non-resident having liaison office - Income-tax Act, 1961

[1] 285. Submission of statement by a non-resident having liaison office. Every person, being a non-resident having a liaison office in India set up in accordance with 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 financial year, prepare and deliver or cause to be delivered to the Assessing Officer having jurisdiction, within 2 [ such period, a statement ] in such form and containing such particulars as may be prescribed. **************** Notes: 1. Inserted vide Finance Act, 2011 w.e.f. 1.6.2011, earlier Omitted vide the Finance Act, 1987, w.e.f. 1-6-1987 as Information by persons responsible for paying interest. 2. Substituted vide Section 86 of the Finance (No. 2) Act, 2024 dated 16-08-2024 w.e.f. 01-04-2025 before it was read as, sixty days from the end of such financial year, a statement