https://www.taxtmi.com/notifications?id=141675 Amendments expand audit and transfer pricing reporting: Form 3CD updates references to 115BAD/115BAE and 44ADA, prescribes assessment-year-limited written down value adjustments under provisos to sections 115BAA/115BAC/115BAD/115BAE, inserts new table entries and broadens non-allowable expenditure definitions to include offences, penalties and compounding abroad, and corrects payer to payee. Form 3CEB adds a specified domestic transaction disclosure for transactions with persons under sub-section (4) of section 115BAE requiring party identification, amounts (books and arm's length) and pricing method. Form 65 adds IFSC unit verification and queries on cessation of section 80LA deduction. en-us Tue, 05 Mar 2024 00:00:00 +0530 Wed, 20 Mar 2024 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=141675 Amendments expand audit and transfer pricing reporting: Form 3CD updates references to 115BAD/115BAE and 44ADA, prescribes assessment-year-limited written down value adjustments under provisos to sections 115BAA/115BAC/115BAD/115BAE, inserts new table entries and broadens non-allowable expenditure definitions to include offences, penalties and compounding abroad, and corrects payer to payee. Form 3CEB adds a specified domestic transaction disclosure for transactions with persons under sub-section (4) of section 115BAE requiring party identification, amounts (books and arm's length) and pricing method. Form 65 adds IFSC unit verification and queries on cessation of section 80LA deduction. Notifications Income Tax Tue, 05 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=141675