U/s 92e is applicable or not

Stat Audit 1192 views 1 replies

FACTS:

1) our company is doing software job work/ sales to USA Firm.

2)Yes One of the our director is also a director/Partner/Proprietor in USA Firm.

3)Having the 50% Share holding in India Company.

4)The USA Firm (director/Partner/Proprietor) mother also a director and having the 50% of the share holder in India Company.

5) Company Authorised Capital of Rs. 2,00,000/- and Paid up Capital of Rs. 1,00,000/-

Qurries:

In the above facts whether our company is associated enterprises or not?

As our Turn over is below 1crore whether report u/s 92E is required or not?

Replies (1)

Your Indian firm is the associate enterprise of U S firm.

Report u/s 92E is applicable to every international transaction. Threshold limit is not mentioned.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details