Section 510 — Annual information statement
Old Act equivalent: Section 285BB of IT Act 1961 Sub-part: Chapter XXIII—Miscellaneous
Statutory Text
- (1) The prescribed income-tax authority or the person authorised by such authority, shall upload in the registered account of the assessee an annual information statement in such form and manner, within such time and along with such information, which is in the possession of an income-tax authority, as may be prescribed. (2) In sub-section (1), “registered account” means the electronic filing account reg istered by the assessee in the web portal, as may be designated by the prescribed income-tax authority or the person authorised by such authority. Furnishing of report in respect of international group.
Provisos
None.
Explanations
None.
Tables
None.
Key Structure
- Applies to: All assessees and prescribed authority.
- Conditions: Prescribed authority to upload annual information statement for each person; person may provide feedback.
- Time limits: Before prescribed date.
- Monetary limits: None.
- Exceptions: None.
Cross-References
None identified.
Amendment Notes
None noted from the extracted pages.