Annexure to Form 3CEB

Hello Connections,?

Let’s understand the information needed to be mentioned in the annexure of Form 3CEB.

Firstly, What is Form 3CEB ?

As per Section 92E, Form 3CEB is an audit report that is required to be furnished by assessee to the income tax department within the date as prescribed i.e 31st October as and when assessee entered into international transaction or specified domestic transaction during the previous year.

Secondly, information required to be provided in the annexure of Form 3CEB

Part A - General Information

Part B - Transaction relates to International Taxation

Part C - Transaction relates to Specified Domestic Transaction

Let's proceed to understand in details of? Part B & C of Form 3CEB

Part B - Transaction relates to International Taxation

• List of AE
• Tangible property
• Intangible property
• Providing of services
• Lending or borrowing of money
• Guarantee?
• Securities
• Mutual Agreement or arrangement
• Business restructuring or reorganization
• Any transaction bearing on profit, income, losses, assets of assessee.
• Deemed international transaction

Part C - Transaction relates to Specified Domestic Transaction

• List of AE
• Transfer or acquisition of goods & services
• Any business transaction
• Transaction between 115 BAB
• Any other transaction

Happy Reading !