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AKA UNIVERSITY Taiwan Sago, District: Bathinda151302 www.akaluniversity.in, www.auts.ac.in Application Form for entrance test to admission to Ph.D. Program Name of Department: For Office Use Date
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AUTS stands for Automatic Exchange of Tax Information and is a system used by tax authorities to automatically exchange financial account information with other countries.
Financial institutions are required to file AUTS to report information on foreign account holders to the tax authorities.
AUTS is typically filled out electronically through a secure portal provided by the tax authorities. Financial institutions need to ensure they accurately report all required information.
The purpose of AUTS is to prevent tax evasion and ensure compliance with tax laws by providing tax authorities with information on foreign account holders.
Information such as account balances, interest earned, dividend income, and any other relevant financial information must be reported on AUTS.
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