CbCR under Section 286 — MNE consolidated revenue threshold:
ARs. 100 crore
BRs. 6,400 crore in preceding accounting year
CRs. 500 crore
DRs. 1,000 crore (per relevant Section)
Answer & Solution
Correct answer: B. Rs. 6,400 crore in preceding accounting year
1. Section 286 (FA 2016) implements BEPS Action 13 — Country-by-Country Reporting.
2. MNE groups with consolidated revenue >= Rs. 6,400 crore (~EUR 750M).
3. Parent/alternate reporting entity files CbC in Form 3CEAD by due date.
_Source: ICAI BoS CA Final Paper 7, Ch 24 "Transfer Pricing"_
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