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Indian company (our client) has entered into an agreement for share of patents. Is foreign company liable to file form 3CEB?

 

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If the Foreign Company is an associate enterprise covered under IT act. Since the agreement is between YOUR Client and the Foreign Co. Your Client should only File FORM 3CEB for disclosing the intrernational Transaction. Not the Foreign Co

Originally posted by :ANIL MOHANLAL DRON
" Indian company (our client) has entered into an agreement for share of patents. Is foreign company liable to file form 3CEB?
 
"

hey thanx.... but will the situation be different if the foreign company is filing returns in India?

If you could pls explain me the entire concept.

Thanks


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