Report from an accountant to be furnished under section 92E
Rule 10E
The report from an accountant required to be furnished under section 92E by every person who has entered into an international transaction or a specified domestic transaction during a previous year shall be in Form No.3CEB and be verified in the manner indicated therein.
Transfer Pricing is applicable to all assesses Co., Individual, Firm etc…
For International transaction there is no threshold limit
For Specified Domestic Transaction for financial year 2015-16 if all transactions taken together are more than Rs.20 crores only then applicable.
2 Comments so far
rajinder duttaPosted on6:16 am - Nov 3, 2016
Is there any threshold for above transactions?
is it applicable to even individual/ sole proprietor ?
Vrind JainPosted on10:52 am - Nov 4, 2016
Transfer Pricing is applicable to all assesses Co., Individual, Firm etc…
For International transaction there is no threshold limit
For Specified Domestic Transaction for financial year 2015-16 if all transactions taken together are more than Rs.20 crores only then applicable.