TMI BlogIncome Tax: Non-residents with liaison offices in India must file annual statements regarding their...Income Tax: Non-residents with liaison offices in India must file annual statements regarding their activities within a prescribed period. Failure to comply will attract penalties of Rs. 1,000 per day for up to 3 months, and Rs. 1 lakh thereafter, unless reasonable cause is proven. These provisions will be effective from April 1, 2025. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|