Section 92E requires:
AInternal audit
BTax audit only
CStatutory audit (per relevant Section)
DCA report in Form 3CEB by 31 October of AY
Answer & Solution
Correct answer: D. CA report in Form 3CEB by 31 October of AY
1. Section 92E: persons with international transactions or SDT must obtain CA report in Form 3CEB.
2. Filed electronically by 31 October of relevant AY.
3. Non-filing — penalty under Section 271BA Rs. 1,00,000.
_Source: ICAI BoS CA Final Paper 7, Ch 24 "Transfer Pricing"_
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