On 17 December 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 Download portal (Link).
The documents include new versions of:
- Reporting Portal – User Guide 3.4
- Reporting Portal – FAQs 4.5
Frequently Asked Questions (“FAQ”) for e-Proceeding have been added to chapter 8 in both documents.