Amendment status not verified — confirm the current text below against the official source.
(1) Every person,-- (i) who has entered into an international transaction or specified domestic transaction shall keep and maintain such information and document in respect thereof as [may be prescribed]; (ii) being a constituent entity of an international group, shall keep and maintain such information and document in respect of an international group as [may be prescribed94]. Explanation.-- For the purposes of this clause,-- (A) "constituent entity" shall have the meaning assigned to it in clause (d) of sub-section (9) of section 286; (B) "international group" shall have the meaning assigned to it in clause (g) of sub-section (9) of section 286. (2) Without prejudice to the provisions contained in sub-section (1), the Board may prescribe the period for which the information and document shall be kept and maintained under the said sub-section. (3) The Assessing Officer or the Commissioner (Appeals) may, in the course of any proceeding under this Act, require any person referred to in clause (i) of sub-section (1) to furnish any information or document referred therein, within a period of thirty days from the date of receipt of a notice issued in this regard: Provided that the Assessing Officer or the Commissioner (Appeals) may, on an application made by such person, extend the period of thirty days by a further period not exceeding thirty days. (4) The person referred to in clause (ii) of sub-section (1) shall furnish the information and document referred therein to the authority prescribed under sub-section (1) of section 286, in such manner, on or before such date, as [may be prescribed]. See rule 10D. See rule 10DA and Form Nos. 3CEAA & 3CEAB. See rule 10DA.