Recently Indiaā€™s Central Board of Direct Taxes issued guidance that expands the transfer pricing reporting requirements of certain international transactions and certain ā€œspecified domestic transactions.ā€ To bring into line those reporting requirements with the definition of international transactions and to extend the transfer pricing provisions for certain specified domestic transactions, Notification No. 41/2013/F. No. 142/42/2012 (10 June 2013) revises the rules applicable to the Accountantā€™s Report in Form No. 3CEB.

In Form No. 3CEB, all international transactions and specified domestic transactions will have to be appropriately disclosed on or before the 30 November due date.