Inquiry about Form 3CEB filing
Marianinha Dsa (5 Points)
01 October 2024Marianinha Dsa (5 Points)
01 October 2024
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5229 Points)
Replied 01 October 2024
Marianinha Dsa
(5 Points)
Replied 02 October 2024
Thank you Sir Ramachary Rachkonda for your detailed reply , one of the CA's told me it is only for associated enterprises meaning if you do international transactions only with your own related company abroad or a relative's company (both should have some sought of mutual agreement to do fund transfer between them) then only you need to file Form 3CEB . In my case it was just a client paying for software services he is not related to me. Regarding the reporting of the international transaction he told me i need to report it in the income tax return which i did.