Income Tax Department released FAQ’s for Form 3CEB
Reetu | Oct 28, 2022 |
Income Tax Department released FAQ’s for Form 3CEB
The Income Tax Department has released Frequently Asked Question for Form 3CEB.
Form 3CEB is report from an accountant to be furnished under section 92E relating to international transaction(s) and specified domestic transaction(s).
FAQ’s for Form 3CEB:
The following are the prerequisites for filing of Form 3CEB:
i) Taxpayer and CA are registered on the e-Filing portal with valid user ID and password
ii) Status of PAN of taxpayer and CA is active
iii) Taxpayer has assigned CA for form 3CEB
iv) CA and Taxpayer have a valid and active Digital Signature Certificate.
Following are the steps to file form 3CEB:
Step 1: Taxpayer needs to add Chartered Account to whom he/she wants to assign the form. Taxpayer may add CA by navigating through Authorised Partners → My Chartered Accountant → Add CA. Alternatively, taxpayer may navigate through e-File → Income Tax Forms → File Income Tax Forms → Form 3CEB.
Step 2: After successfully adding CA, taxpayer needs to assign Form 3CEB. Taxpayer is requested to navigate to e-File → Income Tax Forms → File Income Tax Forms and select Form 3CEB. Form can be assigned to CA by selecting CA Name, AY and Filing Type. If CA is not added, you can navigate to Authorised Partners → My Chartered Accountant to add CA.
Step 3: After successfully assignment of form to CA, form shall be available in the CA’s worklist → For Your Action. CA can either reject or accept the assignment. In case CA rejects the assignment, form need to reassign from the taxpayer end.
Step 4: In case CA accepts the assignment, CA is required to fill all the necessary details in online form or offline utility
i) Online Form
CA navigates to Worklist → For Your Action→ Pending for Upload and fill all the necessary details and submits the form using DSC
ii) Offline utility
CA generates JSON/XML and upload the JSON/XML under Worklist → For Your Action→ Pending for Upload and verify the same using DSC. (XML should be uploaded in .zip zipped folder)
Steps 5: Form uploaded by CA shall be available under Taxpayer’s worklist → For Your Action → Pending for Acceptance. Taxpayer may either approve or reject the form. Form submission will be completed after taxpayer’s approval.
Taxpayer is requested to navigate to e-File → Income Tax Forms → File Income Tax Forms and select Form 3CEB. Form can be assigned to CA by selecting CA Name, AY and Filing Type. If CA is not added, you can navigate to Authorised Partners → My Chartered Accountant to add CA.
Form uploaded by CA shall be available under “For your action” tab in Taxpayer’s Worklist. Taxpayer may either approve or reject form 3CEB. Once taxpayer approve the form and verify the same, filing of form is considered as Completed.
Practicing chartered accountant can generate UDIN through udin.icai.org website. After logging with valid credentials on Income tax portal, user must click ‘View/Update UDIN details’ under “e-file → Income tax Forms” tab to update UDIN.
Before updating the UDIN, CA must ensure:
i) UDIN must be valid as per UDIN portal
ii) UDIN should belong to given MRN
iii) UDIN must not be revoked at UDIN portal
iv) UDIN should be generated for the same AY for which form is filed
v) UDIN must be generated for form 3CEB
Taxpayer and CA must ensure :
i) Profile of CA and Taxpayer should be complete and updated.
ii) Status of CA is “Active” under Taxpayer Login → Authorised Partners → My Chartered Accountant
iii) CA and Taxpayer should have a valid DSC and be registered on portal.
Taxpayer’s and CA’s must ensure:
i) DSC should be valid and not expired.
ii) DSC management utility (emBridge) should be updated to generate signature file.
iii) DSC should be registered on income tax portal in personal login of the user.
Taxpayers to ensure that they choose correct Filing Type (Original/Revised) and Assessment year combination. Please note that only one original is allowed for a particular PAN and AY combination.
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