We would like to inform u that we have engaged in foreign transition as per under section 92E and auditor report under form 3CEB submitted to income tax department along with ITR in the case associated enterprises run in India and engaged in manufacturing unit or trading unit, please tell me about if foreign company are not permanent establishment in India but a valid PAN for TDS purpose. Than as per new rule of international transaction can liable for auditor report under section 92E of Income Tax Act, 1961.
Or Section 92E Auditor report is applicable to Foreign company or associated enterprises who is total working out of India tertiary .
We request you to please tell me your valuable advice for the same.
Mutsui Prime Advanced
Dist Alwar 301001
Cell No. 09928158547
Posts / Replies
To my view, since no inernational transactions have occured under the case, hence no report is required.