Form 60: International-group intimation under section 511(5)
Source checked 21 October 2026 · Original author: Finin2min Editorial Desk
Purpose, person and period
International-group intimation under section 511(5).
The international group intimates which Indian constituent will furnish the section 511(4) report through Form 60; Form 58 has a different constituent-entity notification function.
Period gate: This numbered form belongs to the Income-tax Rules, 2026, effective 1 April 2026. The predecessor 3CEAE 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(5), Section 511(8). Physical PDF pp 483-484; printed Gazette pp 2015-2016.
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 foreign-parented group designates one Indian constituent to furnish the local CbC report where the statutory local-filing conditions are assumed to apply.
| Form field / block | Completed fictional entry |
|---|---|
| Part A: group / address / contact | Example Technology Group / 10 Example Street, Boston, United States / group@example.invalid, +1 0000000000 |
| Row 5: parent / address | Example Parent Inc / 10 Example Street, Boston, United States |
| Row 6: designated Indian reporting entity / address / PAN | Example Software India Ltd / 10 Model Road, Pune / synthetic ZZZCE0000Z |
| Row 7: all other Indian constituents | Example Support India Ltd / synthetic ZZZCE0001Z / 20 Model Road, Pune |
| Verification capacity / PAN / signature | Authorised group officer, model role / synthetic ZZZPS0000Z / 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
- The designated entity appears in row 6; the one other Indian constituent appears in row 7, with no duplication.
Local filing is assumed solely to illustrate this form. A non-resident parent by itself does not establish a local CbCR filing requirement; test the actual section 511 conditions and reporting arrangements.
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 60 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.