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[Cites 0, Cited by 0] [Section 11UC] [Entire Act]

Union of India - Subsection

Section 11UC(2) in Income Tax Rules, 1962

(2)The transferor of the share of, or interest in, a company or an entity that derives its value substantially from assets located in India, shall obtain and furnish along with the return of income a report in Form No.3CT duly signed and verified by an accountant providing the basis of the apportionment in accordance with the formula and certifying that the income attributable to assets located in India has been correctly computed.