Under Section 92E of Income Tax Act 1961

[MITSUI PRIME ADVANCED]

Dear Sir,

Good afternoon

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.

 Regards

 Arjun Sachdeva

Mutsui Prime Advanced

Neemrana

Dist Alwar 301001

Cell No. 09928158547

AI Summary

Foreign Company Without Indian Establishment Not Required to File Auditor's Report Under Section 92E If No Transactions Occur. A query was raised regarding the applicability of Section 92E of the Income Tax Act, 1961, concerning foreign transactions and the requirement for an auditor's report under Form 3CEB. The question involved whether a foreign company with a PAN for TDS purposes, but without a permanent establishment in India, is liable for such a report. The response provided by a professional indicated that if no international transactions have occurred, there is no requirement for an auditor's report under Section 92E.