Form 59: Country-by-country report under sections 511(2) or 511(4)
Source checked 21 October 2026 · Original author: Finin2min Editorial Desk
Purpose, person and period
Country-by-country report under sections 511(2) or 511(4).
The parent, alternate reporting entity or other entity required by section 511 furnishes Form 59, distinguishing cash taxes, current accrued taxes and the tax-jurisdiction allocation of entities.
Period gate: This numbered form belongs to the Income-tax Rules, 2026, effective 1 April 2026. The predecessor 3CEAD is a concordance, not permission to change an earlier-year filing into a new-law form. For earlier periods, use the applicable 1961 Act form and saved procedure.
Controlling rule and source pages
Rule 124; Section 511, Section 511(1), Section 511(2), Section 511(4), Section 511(5). Physical PDF pp 479-482; printed Gazette pp 2011-2014.
Rule 124 — connected rule text
124. Furnishing of report i n respect of an international group under section 511. — (1) The income-tax authority for the purposes of section 511 shall be the Joint Director, as may be designated by the Director General of Income - tax (Systems). (2) The notification under section 511( 1) shall be made in Form No. 58 two months prior to the due date for furnishing of report as specified under sub-section (2) of the said section. (3) Every parent entity or the alternate reporting entity, as the case may be, resident in India, shall, for every reporting accounting year, furnish the report referred to in section 511(2) in Form No. 59. (4) The period for furnishing of the report under section 511(4) by the constituent entity, referred to in that sub-section shall be twelve months from the end of the reporting accounting year. (5) In case the parent entity of the constituent entity is resident of a country or territory, where, there has been a systemic failure of the country or territory and the said failure has been intimated to such constituent entity, the period [PDF PAGE 99] [भाग II—खण् ड 3(i)] भारतकाराजपत्र:असाधारण 1631 for submission of the report shall be six months from the end of the month in which said systemic failure has been intimated. (6) The information required to be conveyed under section 511(5) regarding the designated constituent entity shall be furnished in Form No. 60. (7) For the purposes of section 511(8), the total consolidated group revenue of the international group shall be six thousand four hundred crore rupees. (8) Where the total consolidated group revenue of the international group, as reflected in the cons olidated financial statement, is in foreign currency, the rate of exchange for the calculation of the value in rupees of such total consolidated group revenue shall be the telegraphic transfer buying rate of such currency on the last day of the accounting year preceding the accounting year. (9) Any revision or correction in the report furnished in the Form No. 59 shall be made by furnishing an intimation to the Director General of Income-tax (Systems). (10) For the purposes of this rule, — (a) the express ions ―accounting year‖, ―consolidated financial statement‖ and ―international group‖ shall have the meanings respectively assigned to them in section 511(10); and (b) ―telegraphic transfer buying rate‖ shall have the meaning assigned in rule 207.
Completed field illustration
Fictional data, not for filing. A hypothetical India-parented two-jurisdiction group illustrates the CbC table using a single consistent reporting currency.
| Form field / block | Completed fictional entry |
|---|---|
| Part A: reporting entity / PAN / parent flag | Example Global India Ltd / synthetic ZZZCE0000Z / Yes, ultimate parent |
| Part B: year / calendar year / type / role | 1 April 2026 to 31 March 2027 / 2027 / Original / Ultimate Parent Entity |
| Part C: group / currency | Example Global Group / Indian rupees; all following amounts in Rs lakh |
| India: unrelated / related / total revenue | 800 / 200 / 1,000 lakh |
| India: PBT / cash tax / current accrued tax | 100 / 24 / 25 lakh; no deferred tax in accrued figure |
| India: capital / earnings / FTE / tangible assets | 200 lakh / 300 lakh / 50 / 400 lakh |
| United States: unrelated / related / total revenue | 400 / 100 / 500 lakh |
| United States: PBT / cash tax / current accrued tax | 50 / 12 / 13 lakh |
| United States: capital / earnings / FTE / tangible assets | 100 lakh / 150 lakh / 20 / 200 lakh |
| Part D: constituent entities / residence / incorporation / activity | Example Global India Ltd / India / India / administrative support; Example US Services Inc / US / US / services to unrelated parties; synthetic tax IDs and model business addresses |
| Part E: method explanation | Year-end FTE used consistently; cash tax includes tax actually paid; accrued tax excludes deferred and uncertain-tax provisions; currency conversion assumptions are model-only |
| Verification | Ultimate-parent officer model / NOT SIGNED |
This illustrates the named fields, not every possible schedule. Use the complete official extract for additional applicable fields, annexures and verification. “Not signed” means no professional certification or authority action has occurred.
Reconcile the example
- India 800+200=1,000 lakh; US 400+100=500 lakh.
- Jurisdiction revenue sum 1,500 lakh is not labelled consolidated revenue: intra-group elimination is a separate concept.
- FTE total 70; cash tax 36 lakh differs legitimately from accrued current tax 38 lakh.
These amounts do not establish the statutory group-revenue reporting threshold. The model assumes the group is required to report and demonstrates table consistency, not an actual reportable group.
Prepare, furnish and retain
- Use the form identity and period above, then determine the person who prepares, issues or verifies it from Rule 124. An authority-issued order is not an applicant filing.
- Collect the records that support the actual fields in the example; keep any mandatory schedules and annexures specified in the complete source form.
- Reconcile dates, amounts, units and identifiers to the underlying records. Preserve the applicable rule version and any later correcting notification.
- Where the rule prescribes electronic furnishing, use the current official utility/schema and authorised verification. A local PDF does not produce a portal acknowledgement.
- Retain the submitted version, supporting schedules and actual acknowledgement or issued certificate/order, as applicable. This fictional model supplies none of those evidential outcomes.
Download the correct documents
Official Form 59 source extract Filled sample — fictional field illustration
The official extract preserves source pages; later amendments are supplied with affected forms. Read the April corrigendum where its printed-page corrections apply. The filled field illustration is an educational model and cannot be filed.
Primary sources
Questions readers ask
Does this sample prove approval, filing or a professional conclusion?
No. It completes the named fields using synthetic facts. It has no real signature, DSC, approval or acknowledgement.
Can I use the legacy form number for a current tax-year obligation?
Establish the governing period first. A predecessor number is a cross-reference; earlier-year procedures and current-year forms must be kept distinct.