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FORM NO. 56 See rule 2C Application for grant of exemption or continuance thereof under section 10(23C)(iv) and (v) for the year Name and address of registered office of the trust/institution Legal

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What is form no 56 application?

Form No. 56 is an application used for providing notice of certain transfers to foreign persons.

Who is required to file form no 56 application?

Any transferor who is making a transfer subject to notification under section 6039F is required to file Form No. 56 application.

How to fill out form no 56 application?

Form No. 56 application should be filled out completely and accurately with all the required information, such as transferor and transferee details, transfer property information, and any applicable exemptions.

What is the purpose of form no 56 application?

The purpose of Form No. 56 application is to provide notice of certain transfers to foreign persons, which helps to ensure compliance with reporting requirements under section 6039F.

What information must be reported on form no 56 application?

Form No. 56 application requires reporting of information such as names, addresses, and taxpayer identification numbers of the transferor and transferee, details of the transfer property, and any applicable exemptions.

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