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What is 2amp?

2amp stands for Annual Information Return of Related Party Transactions. It is a form used to report details of transactions between related parties.

Who is required to file 2amp?

Companies and entities engaged in transactions with related parties are required to file 2amp.

How to fill out 2amp?

2amp can be filled out online by providing details of related party transactions as per the format prescribed by the tax authorities.

What is the purpose of 2amp?

The purpose of 2amp is to provide transparency and prevent tax evasion related to transactions between related parties.

What information must be reported on 2amp?

Details of related party transactions including nature, amount, terms, and conditions must be reported on 2amp.

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