Section 113 — Furnishing of annual compliance report

(1) The assessee shall furnish an annual compliance report to the Principal Chief Commissioner of Income-tax (International Taxation) for each yearcovered in the agreement.
(2) The annual compliance report shall be in Form No. 52.
(3) The assessee shall file the annual compliance report for each year covered in the agreement, within thirty days of the due date of filing the income-taxreturn for that year, or within ninety days of entering into an agreement, whichever is later and send it to Principal Chief Commissioner of Income-tax(International Taxation).
(4) The Principal Chief Commissioner of Income-tax (International Taxation) shall send one copy of annual compliance report to the competent authority ofIndia, one copy to the Commissioner of Income-tax who has the jurisdiction over the income-tax assessment of the assessee and one copy to the TransferPricing Officer having the jurisdiction over the assessee.