Authorised Dealers Category-II - Online submission of Form A2 - Taxindiainternational.com

INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI

NEWS FLASH

TP - When computing notional interest on delayed realization of trade receivables arising from international transactions denominated in foreign currency, interest rate must be benchmarked against foreign currency rate: ITAT (See Breaking News)

TP - Outer time limit of 33 months in case of reference to TPO u/s 153 would not refer to draft order, but only to final order: ITAT (See Breaking News)

INTL - Assessment order erroneous where it allows deduction of belated deposit of employee's contribution to PF & ESI, given the same is expressly disallowed vide SC's judgment in Checkmate Services (P.) Ltd.: ITAT (See Breaking News)

INTL - For purpose of section 263, correctness of assessment order has to be examined w.r.t. the record as it exists at time of revision: ITAT (See Breaking News)

I-T - Time limits prescribed u/s 153 are applicable to assessments conducted under DRP route specified in section 144C: ITAT (See Breaking News)

I-T - Making an unsustainable claim does not per se amount to furnishing inaccurate particulars, so as to warrant imposing penalty u/s 271(1)(c) of the Act: ITAT (See Breaking News)

I-T - Time limit prescribed u/s 153 has to be adhered to and that both Section 144C and 153 are mutually inclusive and interdependent: ITAT (See Breaking News)

DTAA - Gains from trading in stock derivatives fall under Article 13(4) of DTAA & are taxable only in country of residence, i.e., Mauritius, and not in India: ITAT (See Breaking News)

I-T - Non-obstante clause in section 144C(13) imposes restriction on AO and denies him benefit of more expansive time limit available under section 153: ITAT (See Breaking News)

I-T - AO's failure to test computation under Rule 8D demonstrates case of lack of inquiry, making deeming provisions of Explanation 2, clause (a) to Sec 263 applicable: ITAT (See Breaking News)

I-T - Provisions of Section 144C and Section 153 are mutually inclusive, and non-obstante clause in Section 144C(13) does not extend primary limitation period set by Section 153: ITAT (See Breaking News)

I-T - Time limit for completing assessment for 'eligible assessee' under the Dispute Resolution Panel mechanism is governed by overarching provisions of Section 153: ITAT (See Breaking News)

I-T - Fundamental jurisdictional defect cannot be cured by procedural compliance with Section 148A or by exclusion of time available under other provisos to Section 149(1): ITAT (See Breaking News)

TII SEARCH

Home >>


Authorised Dealers Category-II - Online submission of Form A2 By TII News Service Apr 12, 2023 , New Delhi
A.P. (DIR Series) CIRCULAR NO 02/RBI, Dated: April 12, 2023 To, All Authorised Dealers in Foreign Exchange Authorised Dealers Category-II - Online submission of Form A2 Attention of Authorised Dealer (AD) Category-I banks and AD Category-II entities is invited to paragraph 4 of A.P. (DIR Series) Circular No. 50 dated February 11, 2016 on ‘Compilation of R-Returns: Reporting under FETERS’ in terms of which AD banks, offering internet banking facilities to their customers were permitted to allow online submission of Form A2. 2. It has now been decided to permit AD Category-II entities also to allow online submission of Form A2. AD Category-II entities shall frame appropriate guidelines with the approval of their Board within the ambit of extant statutory and regulatory framwework. 3. The terms and conditions mentioned in aforesaid A.P. (Dir Series) circular No. 50 dated February 11, 2016 shall continue to apply, as hitherto, to all Authroised Dealers. The relevant provisions of FEMA 1999, and ‘Master Direction – Know Your Customer (KYC) Direction, 2016’ as updated from time to time, issued by the Department of Regulation, RBI, have to be complied with by the ADs, for all transactions. 4. Authorised Dealers may bring the contents of this circular to the notice of their constituents. 5. The directions contained in this circular have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions/approvals, if any, required under any other law. [RBI/2023-24/16] (Vivek Srivastava) Chief General Manager

INTL TAXATION	INTL MISC	TP	FDI	LIBRARY	VISA	BIPA	NRI	TII
DTAA Circulars (I-T Act, 1922) Limited Treaties Other Treaties TIEAs Notifications Circulars Relevant Sections of I-T Rules,1962 Instructions Administrative Orders DRP Panel I-T Act, 1961 MLI Relevant Portion of I-T Act,1922 GAAR MAP	OECD Conventions Draft Guidelines DTC Bill Committee Reports FATCA Intl-Taxation Finance Acts Manual on EoI UN Model Taxation Miscellaneous Cost Inflation Index Union Budget Information Security Guidelines	APA Annual Report APA Rules Miscellaneous Relevant Sections of Act Instructions Circulars Notifications Draft Notifications Forms TP Rules APA FAQ UN Manual on TP Safe Harbour Rules US Transfer Pricing	FEMA Act Exchange Manual Fema Notifications Master Circulars Press Notes Rules FDI Circulars RBI Circulars Reports FDI Approved RBI Other Notifications FIPB Review FEO Act	INTELLECTUAL PROPERTY CBR Act NBFC Report Black Money Act PMLA Instruction PMLA Bill FM Budget Speeches Multimodal Transportation Vienna Convention EXIM Bank LoC Manufacturing Policy FTDR Act, 1992 White Paper on Black Money Posting Policy PMLA Cases Transfer of Property MCA Circular Limitation Act	Type of Visa SSAs EPFO Acts FAQs Rules Guidelines Tourist Visa Notifications	Arbitration Model Text Agreements	Relevant Portion of I-T Act I-T Rules, 1962 Circulars MISC Notification	About Us Contact Us


A Taxindiaonline Website. Copyright © 2010-2025 \| Privacy Policy \| Taxindiainternational.com Pvt. Ltd. OPC All rights reserved.

TIOL GROUP WEBSITES