Form-3ceb

I too wanted to ask the same that when should we consider section 92e

If you have any 'international transactions' with 'Associated Enterprises'(AE) then section 92E is to be complied with.  

In brief, generally, the foreign related parties are AE.

Any transaction like purchase, sale of tangible / intangible goods,  rendition of services , borrowings taken or given would fall within the purview of international transactions.

Besides 3CEB, you need to prepare and maintain a documentation report under rule 10D about the TP method used to determine ALP.

Regards,

in point 13..

whether dividend paid to a associated enterprise should be disclsed in this point.??

Reply..

Thanx in advance

Sunny

No, dividend paid to AE does not come within the disclosure requirements of 3CEB. The reason is dividend is appropriation of profit and below the line item.

Should you have any other views on this you are welcome to discuss here or through email.

Regards, 

Not only the international transactions even from current year with in the group of domestic co also any transaction which attract the profit will be reported under 3CEB

Dear Majumdar,

Thankyou for your time.

Guide me also about the transactions covered in any other transactions in Anexxure 13 of Form 3ceb.