India updates documents on FATCA and CRS reporting

On 22 May 2019, the Income Tax Department of India issued new versions of the Common Reporting Standard (“CRS”) and the Foreign Account Tax Compliance Act (“FATCA”) related documents on their Utilities Download portal (Link). The documents include the new version 1.0 of the User Guide.

Please keep in mind that the due date to submit Statements on Form 61A for the Financial Year 2018-19 and Form 61B for Year 2018 is 31 May 2019 (Link-Blog).

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