Forms are required to be filled to report international transactions with related parties under Income Tax.

a)     Form 3CEB – As per section 92E of the Income-tax Act, every person who has entered into International Transaction or Specified Domestic Transaction during previous year shall obtain a report from a Chartered Accountant in Form 3CEB. Further, as per Rule 10E read with section 92F (Definitions), due date for furnishing report in Form 3CEB is 1 month prior to the due date for furnishing ROI u/s 139(1). 

 

b)     Form 3CEAA (Part-A) – As per rule 10DA, every person being a constituent entity of an international group is required to furnish Part-A of Form 3CEAA irrespective of satisfying the conditions mentioned in the said rule on or before the due date of furnishing the ROI as specified u/s 139(1).

 

c)     Form 3CEAA (Part-B) - As per rule 10DA, every person being a constituent entity of an international group having consolidated group revenue of the international group exceeding INR 500 crores and aggregate value of international transactions during the accounting year exceeds INR 50 crores or in respect of purchase, sale, transfer, lease or use of intangible property exceeds INR 10 crores shall furnish Form 3CEAA (Part-B) on or before the due date of furnishing the ROI as specified u/s 139(1).

 

d)     Form 3CEAB – As per rule 10DA, where there are more than one constituent entities of the international group required to file Form 3CEAA, the Form 3CEAA may be furnished by any one constituent entity if international group has designated such entity through Form 3CEAA. It will be filed within 30 days before the due date of filing Form 3CEAA. Form 3CEAB is the deciding factor who will file form 3CEAA. 

 

e)     Form 3CEAC – As per rule 10DB read with section 286(1), every constituent entity resident in India of an international group, the parent entity of which is not a resident in India shall furnish details 2 months prior to due date for furnishing report in Form 3CEAD in respect of whether it is the alternate reporting entity of the international group; or the details of the parent entity or the alternate reporting entity, if any, of the international group, and the country or territory of which the said entities are resident. 

 

f)      Form 3CEAD - As per rule 10DB read with section 286(2), every parent entity or the alternate reporting entity, if any shall, for every reporting accounting year, in respect of the international group furnish a report in Form 3CEAD within a period of 12 months from the end of the said reporting accounting year.

 

g)     Form 3CEAE – As per rule 10DB read with proviso to section 286(4), where more than one resident constituent entities of an international group, Form 3CEAE is the deciding factor of who will file form 3CEAD. No due date has been specified but it should be filed before the due date of Form 3CEAD.