banner_ad

U/s 92e is applicable or not

Statutory Audit 1206 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
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details