Home > Income Tax Act 2025 > Section-511Last Updated: Feb 18th 2025
Learn to understand the section-511 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
and, there is no other constituent entity of such group which, due to ownership of any interest, directly or indirectly, in the first mentioned constituent entity, is required to prepare a consolidated financial statement, under the circumstances referred to in sub-clause (i) or (ii), that includes the separate financial statement of the first mentioned constituent entity;
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.