“FORM
NO. 3CEB
[See rule 10E]
Report
from an accountant to be furnished under section 92E relating to international
transaction(s) and specified domestic transaction(s)
1.
We have examined the accounts and records of M/s _____________________________________. relating to the
international transactions and the specified domestic transactions entered into
by the assessee during the previous year ending on 31st March2013.
2. Our opinion proper information and documents as are
prescribed have been kept by the assessee in respect of the international transactions and the specified
domestic transactions entered into so far as appears from our examination of the records of the assessee.
3. The particulars required to be furnished under section
92E are given in the Annexure to this Form. Our opinion and to the best of our
information and according to the explanations given to us, the particulars
given in the Annexure are true and correct.
For
__________________________
Chartered Accountants
(____________)
Proprietor.
Place : Bangalore Member No. : ____________
Date : 27.08.2013 Firm Registration No. ___________
Name
: ______________
Address
: ______________
ANNEXURE TO FORM NO. 3CEB
Particulars relating to international
transactions and specified domestic transactions required to be furnished under
section 92E of the Income-tax Act, 1961
PART
A
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1. Name of the assessee
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-----------------
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2. Address
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-----------------------
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3. Permanent account number
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-------------------
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4. Nature of business or activities of
the assessee
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-------------------
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5. Status
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COMPANY
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6. Previous year ended
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31ST MARCH 2013
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7. Assessment year
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2013-2014
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8. Aggregate value of international
transactions as per books of accounts
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54,09,087.00
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9. Aggregate value of specified
domestic transactions as per books of accounts
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NIL
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PART
B
(International Transactions)
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10. List of
associated enterprises with whom the assessee has entered into international
transactions, with the following details :
(a)
Name of the associated enterprise.
(b)
Nature of the relationship with the associated enterprise as referred to in
section 92A(2).
(c)
Brief description of the business carried on by the associated
enterprise
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------------------------
-----------------------
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11. Particulars in respect of transactions in tangible
property.
A. Has the assessee entered into any
international transaction(s) in respect of purchase/sale of raw material,
consumables or any other supplies for assembling or processing/manufacturing
of goods or articles from/to associated enterprises? If ‘yes’, provide the following details in
respect of each associated enterprise
and each transaction or class of transaction
:
(a)
Name
and address of the associated enterprise with whom the international
transaction has been entered into.
(b)
Description
of transaction and quantity purchased/sold.
(c)
Total
amount paid/received or payable/receivable in the transaction—
i. as per books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(d)
Method
used for determining the arm’s length price [See section 92C(1)]
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NOT APPLICABLE
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B. Has the assessee entered into any
international transaction(s) in respect of purchase/sale of traded/finished
goods.
If ‘yes’ provide the following details in
respect of each associated enterprise and each transaction or class of transaction
(a)
Name
and address of the associated enterprise with whom the international
transaction has been entered into.
(b)
Description
of transaction and quantity purchased/sold.
(c)
Total
amount paid/ received or payable/ receivable in the ransaction
i. as per books of accounts;
ii. as computed by the assessee having
regard to the arm’s length Price
(d)
Method
used for determining the arm’s length price [See section 92C(1)]
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NOT APPLICABLE
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C.
Has
the assessee entered into any international transaction(s) in respect of
purchase, sale, transfer, lease or use of any other tangible property
including transactions specified in Explanation (i)(a) below section
92B(2)? If ‘yes’ provide the following
details in respect of each associated enterprise and each transaction or
class of transaction:
(a) Name and address of the associate
enterprise with whom the international transaction has been entered into.
(b) Description of the property and nature
of transaction.
(c) Number of units of each category of
tangible property involved in the transaction.
(d) Amount paid/received or
payable/receivable in each transaction of purchase/sale/transfer /use, or
lease rent paid/received or payable/receivable in respect of each lease
provided/entered into -
i. as per books of account;
ii.
as
computed by the assessee having regard to the arm’s length price.
(e) Method used for determining the arm’s
length price [See section 92C(1)]
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NOT APPLICABLE
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12. Particulars in respect of transactions in intangible
property :
Has the
assessee entered into any international transaction(s) in respect of
purchase, sale, transfer, lease or use of intangible Property including
transactions specified in Explanation (i)(b) below section 92B(2)?
If ‘yes’
provide the following details in respect of each associated enterprise and
each category of intangible property :
(a) Name and address of the associated
enterprise with whom the international transaction has been entered into.
(b) Description of intangible property and
nature of transaction.
(c) Amount paid/received or
payable/receivable for purchase/sale/transfer/lease/use of each category of
intangible property—
i. as per books of account;
ii.
as
computed by the assessee having regard to the arm’s length price.
(d) Method used for determining the arm’s
length price [See section 92C(1)]
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NOT APPLICABLE
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13. Particulars in respect of providing of services :
Has the
assessee entered into any international transaction(s) in respect of Services
including transactions as specified in Explanation (i)(d) below section
92B(2)?
If ‘yes’
provide the following details in respect of each associated enterprise and
each category of service :
(a) Name and address of the associated
enterprise with whom the international transaction has been entered into.
(b) Description of services
provided/availed to/from the associated enterprise.
(c) Amount paid/received or payable/receivable
for the services provided/taken—
i. as per books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(d) Method used for determining the arm’s
length price [See section 92C(1)]
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---------------------------
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Comparable
uncontrolled price method
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14.
Particulars in respect of lending or borrowing of money :
Has the
assessee entered into any international transaction(s) in respect of lending
or borrowing of money including any type of advance, payments, deferred payments, receivable,
non-convertible preference shares/ debentures
or any other debt arising during the course of business as specified in
Explanation (i)(c ) below section 92B (2)?
(a) Name and address of the associated
enterprise with whom the international transaction has been entered into.
(b) Nature of financing agreement.
(c) Currency in which transaction has taken
place
(d) Interest rate charged/paid in respect
of each lending/borrowing.
(e) Amount paid/received or
payable/receivable in the transaction—
i. as per books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(f) Method used for determining the arm’s
length price [See section 92C(1)]
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----------------------
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15. Particulars in respect of transactions in the nature of
guarantee:
Has the
assessee entered into any international transaction(s) in the nature of
guarantee?
If yes,
provide the following details:
(a) Name and address of the associated
enterprise with whom the international transaction has been entered into.
(b) Nature of guarantee agreement
(c) Currency in which the guarantee
transaction was undertaken
(d) Compensation/ fees charged/ paid in
respect of the transaction
(e) Method used for determining the arm’s
length price [See section 92C(1)]
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---------------------
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16.
Particulars in respect of international transactions of purchase or sale of
marketable securities, issue and buyback of equity shares, optionally
convertible/ partially convertible/ compulsorily convertible debentures/
preference shares:
Has the
assessee entered into any international transaction(s) in respect of purchase
or sale of marketable securities or issue of equity shares including
transactions specified in Explanation (i)(c ) below section 92B (2)?
If yes, provide the following details:
(a) Name and address of the associated
enterprise with whom the international transaction has been entered into.
(b) Nature of transaction
(c) Currency in which the transaction was
undertaken
(d) Consideration charged/ paid in respect
of the transaction.
(e) Method used for determining the arm’s
length price [See section 92C(1)]
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-----------------------
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17. Particulars in respect of mutual agreement or arrangement
:
Has the
assessee entered into any international transaction with an
associated
enterprise or enterprises by way of a mutual agreement or
arrangement
for the allocation or apportionment of, or any contribution to, any cost or
expense incurred or to be incurred in connection with a benefit, service or
facility provided or to be provided to any one or more of such enterprises?
If ‘yes’
provide the following details in respect of each agreement/arrangement:
(a) Name and address of the associated
enterprise with whom the international transaction has been entered into.
(b) Description of such mutual agreement or
arrangement.
(c) Amount paid/received or
payable/receivable in each such transaction—
i. as per books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(d) Method used for determining the arm’s
length price [See section 92C(1)].
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-------------------
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18.
Particulars in respect of international transactions arising out/ being part
of business restructuring or reorganizations:
Has the
assessee entered into any international transaction(s) arising out/being part
of any business restructuring or reorganization entered into by it with the associated enterprise or
enterprises as specified in
Explanation (i) (e) below section 92B (2) and which has not been
specifically referred to above,?
If ‘yes’, provide the following details:
(a) Name and address of the associated
enterprise with whom the international transaction has been entered into.
(b) Nature of transaction
(c) Agreement in relation to such business
restructuring/ reorganization.
(d) Terms of business restructuring/
reorganization.
(e) Method used for determining the arm’s
length price [See section 92C(1)].
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19.
Particulars in respect of any other transaction including the transaction
having a bearing on the profits, income, losses or assets of the
assessee:
Has the
assessee entered into any other
international transaction(s) including a transaction having a bearing on the
profits, income, losses or asset , but not
specifically referred to above, with associated enterprise?
If ‘yes’
provide the following details in respect of each associated enterprise and each transaction
(a) Name and address of the associated
enterprise with whom the international transaction has been entered into.
(b) Description of the transaction.
(c) Amount paid/received or
payable/receivable in the transaction—
i. as per books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(d) Method used for determining the arm’s
length price [See section 92C(1)].
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20. Particulars of deemed international transactions:
Has the
assessee entered into any transaction with a person other than an AE in
pursuance of a prior agreement in relation to the relevant transaction
between such other person and the associated enterprise?
If yes,
provide the following details in respect of each of such agreement
(a) Name and address of the person other
than the associated enterprise with whom the deemed international transaction
has been entered into.
(b) Description of the transaction.
(c) Amount paid/received or
payable/receivable in the transaction—
i. as per books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(d) Method used for determining the arm’s
length price [See section 92C(1)].
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NOT APPLICABLE
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PART C (Specified domestic transaction)
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21. List of associated enterprises with whom the assessee has
entered into specified domestic transactions, with the following details:
(a) Name, address and PAN of the associated
enterprise.
(b) Nature of the relationship with the
associated enterprise
(c) Brief description of the business
carried on by the said associated enterprise.
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NOT APPLICABLE
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22.
Particulars in respect of transactions in the nature of any expenditure:
Has
the assessee entered into any specified domestic transaction (s) being any
expenditure in respect of which payment has been made or is to be made to any
person referred to in section 40A(2)(b)?
If
“yes”, provide the following details in respect of each of such person and
each transaction or class of transaction:
(a) Name of person with whom the specified
domestic transaction has been entered into.
(b) Description of transaction along with
quantitative details, if any
(c) Total amount paid or payable in the
transaction—
i. as per books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(d) Method used for determining the arm’s
length price [See section 92C(1)]
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NOT APPLICABLE
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23. Particulars
in respect of transactions in the nature of transfer or acquisition of any
goods or services:
A. Has any undertaking or unit or
enterprise or eligible business of the assessee [as referred to in section
80A(6), 80IA(8) or section 10AA)]transferred any goods or services to any
other business carried on by the assessee?
If yes, provide the following details in
respect of each unit or enterprise or eligible business:
(a) Name and details of business to which
goods or services have been transferred
(b) Description of goods or services
transferred
(c) Amount received/receivable for
transferring of such goods or services –
i. as per the books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(d) Method used for determining the arm’s
length price [See section 92C(1)].
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NOT APPLICABLE
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B. Has any undertaking or unit or
enterprise or eligible business of the assessee [as referred to in section
80A(6), 80IA(8) or section 10AA] acquired any goods or services from another
business of the assessee?
If yes,
provide the following details in respect of each unit or enterprise or
eligible business:
(a) Name and details of business from which
goods or services have been acquired
(b) Description of goods or services
acquired
(c) Amount paid/payable for acquiring of
such goods or services–
i. as per the books of account;
ii. as computed by the assessee having
regard to the arm’s length price
(d) Method used for determining the arm’s
length price [See section 92C(1)].
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NOT APPLICABLE
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24.
Particulars in respect of specified domestic transaction in the nature of any
business transacted:
Has the
assessee entered into any specified domestic transaction(s) with
any
associated enterprise which has resulted in more than ordinary profits to an
eligible business to which section 80IA(10) or section 10AA applies?
If “yes”,
provide the following details:
(a) Name of the person with whom the
specified domestic transaction has been entered into
(b) Description of the transaction
including quantitative details, if any.
(c) Total amount received/receivable or
paid/ payable in the transaction
i. as per books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(d) Method used for determining the arm’s
length price [See section 92C(1)].
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NOT APPLICABLE
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25. Particulars in respect of any other transactions :
Has the
assessee entered into any other specified domestic transaction(s) not
specifically referred to above, with an associated enterprise ?
If ‘yes’
provide the following details in respect of each associated enterprise and
each transaction :
(a) Name of the associated enterprise with
whom the specified domestic transaction has been entered into.
(b) Description of the transaction.
(c) Amount paid/received or
payable/receivable in the transaction—
i. as per books of account;
ii. as computed by the assessee having
regard to the arm’s length price.
(d) Method used for determining the arm’s
length price [See section 92C(1)].
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NOT APPLICABLE
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For -------------------
Chartered Accountants
(-----------)
Proprietor.
Place : BANGALORE Member No. : -------------
Date : 27.08.2013 Firm Registration No. ---------------
Name
: -----------------
Address
: ------------------,
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