MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 25th April, 2019
(INCOME TAX)
S.O.1653(E).—Whereas an Inter-Governmental Agreement for Exchange of Country-by-Country Reports was entered into by the Government of the Republic of India and the Government of the United States of America, which was signed at New Delhi on 27th day of March, 2019 (hereinafter referred to as the said Agreement and enclosed herewith as Annexure);
And whereas, the said Agreement shall enter into force on the date on which the second of the two Parties has provided a written notification to the Government of the other jurisdiction in accordance with paragraph (1) of Article 5 of the said Agreement;
Now, therefore, in exercise of the powers conferred by item (ii) of clause (b) of sub-section (9) of section 286 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the said Agreement, as set out in the Annexure hereto, and all the provision of the said Agreement shall be given effect to in the Union of India in accordance with paragraph (1) of Article 5 of the said Agreement.
[Notification No. 37/2019/F.No. 500/15/2015-APA-I]
RASMI RANJAN DAS, Jt. Secy. (FT&TR-I)
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Source : https://www.incometaxindia.gov.in/communications/notification/notification_37_2019.pdf