Rule 123: if the consolidated group revenue of the international group, of which such person is a constituent
Is rule Income-tax Act, 2025 ke provisions ko implement karne ke liye banaya gaya hai. Isme if the consolidated group revenue of the international group, of which such person is a constituent entity, as reflected ki vidhi aur sharten samjhai gayi hain.
On this page
Bare law
Rule 123 - if the consolidated group revenue of the international group, of which such person is a constituent entity, as reflected
123. (1) Every person, being a constituent entity of an international group shall,— (a) if the consolidated group revenue of the international group, of which such person is a constituent entity, as reflected in the consolidated financial statement of the international group for the accounting year, exceeds five hundred crore rupees; and (b) the aggregate value of international transactions, — (i) during the accounting year, as per the books of account, exceeds fifty crore rupees; or (ii) in res
Furnishing of report in respect of an international group under section 511.
Rule breakdown
123. (1) Every person, being a constituent entity of an international group shall,— (a) if the consolidated group revenue of the international group, of which such person is a constituent entity, as reflected in the consolidated financial statement of the international group for the accounting year,
Furnishing of report in respect of an international group under section 511.
Key takeaways
Professional Advice
Complex provisions ko samajhne ke liye apne CA/CS se consult karein.
- CA se help lene se mistakes kam ho jati hain
- Accurate filing ke liye expert guidance zaroori hai
Compliance Essentials
Rule ke provisions properly follow karne se future litigation avoid ho sakti hai.
- Accurate information diye bina application reject ho sakti hai
- Timely compliance se disputes kam ho jati hain
FAQs
Is rule Income-tax Act, 2025 ke under kaise aata hai?
Is rule Income-tax Rules, 2026 ke under framed hai jo Income-tax Act, 2025 ke provisions implement karti hai.
Is rule kab se applicable hoga?
Is rule 1st April, 2026 se applicable hoga. Jab tak koi amendment nahi aati, yeh current form mein valid rahegi.
Kya CA se help leni chahiye?
Complex provisions ko samajhne aur accurate compliance ke liye apne CA/CS se consult karein. Professional help mistakes kam karti hai.