If your business in India engages in international transactions with associated enterprises or undertakes specified domestic transactions, you are required to comply with the Indian Transfer Pricing regulations under the Income Tax Act, 1961. One of the core requirements of this compliance is the timely and accurate filing of Form 3CEB.
Form 3CEB is a report that needs to be certified by a qualified chartered accountant. It includes a detailed disclosure of all international and specified domestic transactions undertaken during the financial year, along with an assessment of whether these transactions meet the arm’s length principle as per transfer pricing norms. Applicable to companies, LLPs, and other entities engaged in cross-border dealings with related parties, Form 3CEB must be submitted electronically by November 30th of the relevant assessment year. Failure to file this form or filing it incorrectly may lead to substantial penalties, increased regulatory scrutiny, and even prolonged litigation with tax authorities.
At Shine Legal India, we understand the complexity of transfer pricing documentation and compliance. Our expert team of chartered accountants and legal professionals works closely with your finance and tax teams to:
We combine legal insight, practical tax expertise, and deep industry knowledge to help you mitigate risk and stay fully compliant with Indian transfer pricing laws.
Whether you are a startup entering into global markets or an established MNC, Shine Legal India offers tailored support to meet your transfer pricing needs efficiently and cost-effectively.
Let Shine Legal India be your partner in navigating the complexities of Form 3CEB and ensuring seamless, stress-free compliance with the Income Tax Department’s requirements.
