TP Audit
Preparing and certifying the Form 3CEB accountant's report on your international and specified domestic transactions.
Every taxpayer entering into international transactions, or specified domestic transactions above the prescribed threshold, must obtain and file a report from a chartered accountant in Form 3CEB, certifying that the prescribed documentation has been maintained and that transactions are reported accurately. This is distinct from a regular tax audit and must be completed before the specified filing due date, ahead of the income tax return itself.
What the TP audit process involves
Form 3CEB certification requires the accountant to independently verify transaction details, not simply accept management's figures.
- Verifying the completeness of reported international and specified domestic transactions
- Cross-checking transaction values against agreements and financial statements
- Reviewing the underlying TP study and benchmarking analysis
- Confirming documentation maintained meets Rule 10D requirements
- Preparing Form 3CEB with all applicable annexures
- Filing the report within the statutory due date
What this service includes
How we support your Form 3CEB certification.
Transaction Verification
Cross-checking every reportable transaction against agreements and financial records.
Form 3CEB Preparation
Compiling the report with complete and accurate transaction-level disclosures.
Documentation Sufficiency Check
Confirming supporting documentation meets prescribed standards before certification.
Due-Date Management
Ensuring the report is finalised and filed well ahead of the statutory deadline.
Our process
From initial consultation to completion.
Data Collection
Gathering transaction, agreement and financial data for the reporting year.
Verification & Cross-Checks
Validating figures against underlying records and the TP study.
Form 3CEB Preparation
Drafting the report with all required schedules and annexures.
Certification & Filing
Issuing the accountant's certificate and filing the form on time.
Why the audit stage deserves lead time
What sets our approach apart.
It's a prerequisite to filing your return
Form 3CEB must be filed by its due date, which typically precedes the income tax return filing deadline.
Certification means independent verification
The accountant is certifying accuracy and documentation adequacy, not just transcribing figures provided by management.
Errors here surface at assessment
Discrepancies missed during Form 3CEB preparation often resurface — with less room to fix them — during a later TPO assessment.
TP audit questions answered
What people ask before engaging us.
