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[भाग II—खण् ड 3(i)]
भारत का रािपत्र : असाधारण
7
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 7th February, 2025
No. 14/2025
G.S.R. 125(E).—In exercise of the powers conferred by section 285 read with section 295 of the Income-
tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend
the Income-tax Rules, 1962, namely:─
1. (1) These rules may be called the Income-tax (Fourth Amendment) Rules, 2025.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Income-tax Rules, 1962,–
(a) in rule 114DA, in sub-rule (1), for the words, figures and letter “Form No. 49C”, the words, figures and letter
“Form No. 49C within eight months from the end of such financial year” shall be substituted;
(b) in Appendix-II, for Form No. 49C, the following shall be substituted, namely:-
“FORM No. 49C
[See rule 114DA]
[e-Form]
Annual Statement under section 285 of the Income-tax Act, 1961
Sl.
No.
1.
Financial year for which the Statement is being submitted
2.
Details pertaining to non-resident person having liaison office in India
(i)
Name
(ii)
Details of head office
Email Id
Contact / mobile number
Address
(iii)
Details of Principal Office in India
Email Id
Contact / mobile number
Address
(iv)
Permanent Account Number (if Allotted)
(v)
Tax Identification No., if any, of country of Incorporation or residence
(vi)
Date of submitting Annual Activity Certificate for the financial year
to the Reserve Bank of India
3.
Details of the Chartered Accountant signing the Annual Activity Certificate as prescribed by the
Reserve Bank of India
(i)
Name
(ii)
Email Id
(iii)
Contact / mobile number
(iv)
Address
(v)
Membership number
4.
Details of officer In charge for each office of the non-resident person in India
Sl.No.
Name
Designation
Email Id
Contact / mobile
number
Address
of
office
5.
Details of any salary or compensation of any sort payable outside India to any employee working in
India or for services rendered in India
Sl.No.
Name
of
employee
PAN (if
allotted)
Email Id
Contact
/
mobile
number
Address
of
employee in
India, if any
Amount of salary or
compensation
(in Rs.)
8
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(i)]
6.
Details of agents or representatives or distributors of the non-resident person in India.
Sl.No.
Name of agent or
representative or
distributor
PAN
Email Id
Contact /
mobile
number
Address
7.
Details of Liaison Office of the non-resident person (data in Sl. No. 8 to Sl. No. 20. to be furnished
Liaison Office wise, multiple sets can be filled based on the number of Liaison Office)
8.
Liaison Office Registration No. granted by the Reserve Bank of India
9.
Nature of activities undertaken by Liaison Office
10.
Date of opening of Liaison Office in India
11.
Date of the Reserve Bank of India approval for Liaison Office opening
12.
Address of Liaison Office in India
Email Id
Contact / mobile number
Address
13.
Total number of employees working in the Liaison Office during the
year
14.
Details of products or services for which liaisoning activity is done by the Liaison Office
Sl.No.
Liaisoning activity is done for products or services
Description of products or
services
15.
Whether there are other group entity or entities operating from the
same premises as the office of the Liaison Office?
Yes/No
16.
If yes in Sl. No. 15, provide the following details in respect of such entity or entities:-
Sl.No.
Name
of
the
entity
PAN of the
entity
Email Id
Contact /
mobile
number
Address
of
the entity
Nature of
activity
undertaken
by the entity
17.
Does the Liaison Office perform liaisoning activity for any other entity
or entities?
Yes/No
18.
If yes in Sl.No. 17, provide the following details in respect of such entity or entities:-
Sl.No.
Name of the entity
PAN of the
entity
Email Id
Contact /
mobile
number
Address of the
entity
19.
Details of employees working in the Liaison Office drawing salary of Rs. 50,000 or above per month
Sl.No.
Name of
employee
PAN (if
allotted)
Email
Id
Contact
/ mobile
number
Designation
Amount of
salary or
compensation
(in Rs.)
Address
of sitting
location
20.
Details of the top five parties in India with whom the Liaison Office has been doing the liaisoning
Sl.No.
Name of the
party
PAN of the party
Email Id
Contact /
mobile
number
Address of the
party
Other details
21.
India specific financial details for the financial year i.e., receipts and expenses of the non-resident person
from or in India (not only of the Liaison Office(s))
[भाग II—खण् ड 3(i)]
भारत का रािपत्र : असाधारण
9
In respect of the Liaison Office(s):
Sl.No.
Liaison Office Registration No.
Receipts
Expenses
In respect of the non-resident person, including of Liaison Office(s) mentioned above:
Sl.No.
Receipts
Expenses attributable to receipts from India
22.
Details of all purchases, sales of material, and services from/to Indian parties during the year by the non-
resident person (not limited to transactions made by Liaison Office (s))
In respect of the Liaison Office(s):
Sl.No.
Nature of
transaction
Name of the
Indian party
with whom
transaction
is done
PAN of
the
Indian
party
Email
Id
Contact /
mobile
number
Address
of the
Indian
party
Amount of
transaction
(in Rs.)
In respect of the non-resident person, including of Liaison Office(s) mentioned above:
Sl.No.
Nature of
transaction
Name of the
Indian
party
with
whom
transaction is
done
PAN of
the Indian
party
Email
Id
Contact/
mobile
number
Address
of the
Indian
party
Amount of
transaction
(in Rs.)
23.
Whether there is any group entity or entities (including Indian
entity/entities of the group or permanent establishment of foreign
entity or entities of the group in India) present in India as Branch
Office or Companies or Limited Liability Partnerships etc.?
Yes/No
24.
If yes in Sl.No. 23, provide the following details:-
Sl.No.
Name of the
entity
PAN of the
entity
Email
Id
Contact /
mobile
number
Address of
the entity
Nature of
business
activities
25.
Whether there are other Liaison Offices of the group entities in India?
Yes/No
26.
If yes in Sl.No. 25, provide the following details:-
Sl.No.
Name of the
entity
having
the
Liaison
Office(s)
PAN of the
entity
Email
Id
Contact
/ mobile
number
Address of
the entity
Nature of
activities
undertaken by
the Liaison
Office(s)
10
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(i)]
Verification
I, ………………… [full name in block letters] ……………….…… son/daughter of ……………………………………
holding Permanent Account Number or Aadhaar Number……………………………………… solemnly declare that
to the best of my knowledge and belief, the information given in the form is correct and complete and that the other
particulars shown therein are truly stated. I further declare that I am submitting this form in my capacity as
………………….…… and I am also competent to make this submission and verify it.
Verified today the ………………………… day of ……………………….…
Place
Signature of Authorised Signatory
Name …………………………..…”.
[F. No. 370142/2/2025-TPL]
SOURABH JAIN, Under Secy.
Note. - Principal rules were published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) vide
notification number S.O. 969(E), dated the 26th March, 1962 and was last amended vide notification number
G.S.R. 121(E), dated the 07th February, 2025.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.
