TMI BlogClarification regarding Notices of defective returns issued to FII/FPIsX X X X Extracts X X X X X X X X Extracts X X X X ..... Clarification regarding Notices of defective returns issued to FII/FPIs - News and Press Release Dated:- 10-12-2015 - News - Notices of defective returns were issued under section 139(9) of the I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncome-tax Act to Foreign Institutional Investors/Foreign Portfolio Investors (FIIs/FPIs) in cases where Balance Sheet and P L account were not filled. In order to overcome this difficulty, it is c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... larified that such returns will not be treated as defective in cases where the FIIs/FPIs: i) is registered with SEBI ii) has no Permanent Establishment/ Place of Business in India iii) has pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ovided basic information required under section 139(9)(f) of the Income-tax Act, if there is business income All such cases , where the SEBI registration number has been provided by the FIIs/FP ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Is in the return for AY 2015-16 are being taken up for processing at CPC Bengaluru. For previous assessment years where the above information is not available in the Income Tax Return, FII/FPI may pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vide such details in their online response on the e-filing portal of the Income-tax Department (www.incometaxindiaefiling.gov.in) to the previously issued notice u/s 139(9) of the Income-tax Act. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|