FORM NO.

3CEB[See rule 10E]

Report from an accountant to be furnished under section 92E relating to
international transaction(s) and specified domestic transaction(s)
Acknowledgement Number -455042020281023

1. We have examined the accounts and records of CONVAI TECHNOLOGIES INDIA PRIVATE LIMITED,
FL-2C,AMANTRANI APTS,, 144 N.S ROAD, Elachi (P), Narendrapur S.O, SOUTH 24 PARGANAS, West Bengal,
INDIA, 700103, AAKCC4934E (name and address of the assessee with Permanent Account Number or
Aadhaar Number) relating to the international transaction (s) and the specified domestic transaction(s)
entered into by the assessee during the previous year ending on 31-Mar-2023.
2. In our opinion proper information and documents as are prescribed have been kept by the assessee in
respect of the international transaction(s) and the specified domestic transactions entered into so far as
appears from our examination of the records of the assessee.
3. The particulars required to be furnished under section 92E are given in the Annexure to this Form. In our
opinion and to the best of our information and according to the explanations given to us, the particulars given
in the Annexure are true and correct.
Observations/Qualifications

Sl. No. Observations/Qualifications

No Records Added

Name HARIHARAN NIRANJAN

Membership No. 241219

FRN (Firm Registration Number) 021603S
Address No 45, U Block, Annanagar, 8th
Street, Anna Nagar, CHENNAI,
Anna Nagar S.O (Chennai),
600040, Tamil Nadu, INDIA
Date of Audit Report 27-Oct-2023
Place 27.62.139.204
Date 27-Oct-2023

Part A

1. Name of the assessee CONVAI TECHNOLOGIES INDIA

PRIVATE LIMITED
2. Address FL-2C,AMANTRANI APTS,, 144
N.S ROAD, Elachi (P),
Narendrapur S.O, SOUTH 24
PARGANAS, West Bengal,
INDIA, 700103
3. Permanent Account Number AAKCC4934E
Aadhaar -
4. Nature of business or activities of the assessee

Computer And Related Services

Software development(14001)

5. Status Company
 6. Previous year ended 31-Mar-2023
7. Assessment year 2023-24
8. Aggregate value of international transactions as per books of accounts 2151718
9. Aggregate value of specified domestic transactions as per books of 0
accounts

Part B-International Transaction(s)

10. Details of Associated enterprises

List of associated enterprises with whom the assessee has entered into international transactions

Sl. No. Name of the associated Nature of the relationship Brief description of the
enterprise with the associated business carried on by the
enterprise as referred to in associated enterprise.
Section 92A(2).

1 Convai Technologies Inc one enterprise holds, Computer and related

directly or indirectly, services-Software
shares carrying not less development
than twenty-six per cent
of the voting power in the
other enterprise; or

11. Transactions in Tangible Property

A. Has the assessee entered into any international transaction(s) in respect of purchase/sale of raw No
material, consumables or any other supplies for assembling or processing/manufacturing of goods or
articles from/to associated enterprises?

B. Has the assessee entered into any international transaction(s) in respect of purchase/sale of traded/ No
finished goods?

C. Has the assessee entered into any international transaction(s) in respect of purchase, sale, transfer, No
lease or use of any other tangible property including transactions specified in Explanation (i)(a) below
section 92B(2)?

12. Transactions in Intangible Property

Has the assessee entered into any international transaction(s) in respect of purchase, sale, transfer, No
lease or use of intangible property including transactions specified in Explanation (i)(b) below section
92B(2)?

13. Transactions in Providing of services

Has the assessee entered into any international transaction(s) in respect of services including Yes
transactions as specified in Explanation (i)(d) below section 92B(2)?
Sl. Nam Addr Type Perma Tax Name Uniqu Type Descr Type as as Meth Obser
No. e ess of nent Identi of e iption per comp od vatio
Uniqu accou ficati the Identi books uted used ns/
e nt on Uniqu ficati of by for Rema
Identi numb Numb e on accou the deter rks if
fier er er Identi Numb nt. asses minin any
fier er see g the
havin arm’s
g lengt
regar h
d to price
the [See
arm’s secti
lengt on
h 92C(1
price )].

1 Conva 101 Other - - Emplo 88-1 Provi Comp Recei 1557 1557 trans -
i East s yer 8903 ded uter ved/ 718 718 actio
Techn San Identi 52 to AE and Recei nal
ologi Ferna ficati relate vable net
es ndo on d margi
Inc Street numb servi n
APT er ces- meth
138 Softw od
SA, are
San deve
Jose, lopm
San ent
Jose,
San
Jose,
CA,
Forei
gn,
Unite
d
State
s Of
Ameri
ca -
9511
2

14. Transactions in Lending or borrowing money

Has the assessee entered into any international transaction(s) in respect of lending or borrowing of No
money including any type of advance, payments, deferred payments, receivable, non-convertible
preference shares/debentures or any other debt arising during the course of business as specified in
Explanation (i)(c) below section 92B (2)?

15. Transactions in the nature of guarantee

Has the assessee entered into any international transaction(s) in the nature of guarantee? No

16. Transactions in purchase or sale of marketable securities, issue and

buyback of equity shares, optionally convertible/partially convertible/
compulsorily convertible debentures/preference shares
 Has the assessee entered into any international transaction(s) in respect of purchase or sale of Yes
marketable securities or issue of equity shares including transactions specified in Explanation (i)(c)
below section 92B (2)?

Sl. Name Addre Type Perma Tax Name Uniqu Nature Curren Type Consid Metho Obser
No. ss of nent Identif of the e of cy in eratio d vation
Uniqu accou icatio Uniqu Identif transa which n in used s/
e nt n e icatio ction the respec for Remar
Identif numbe Numb Identif n transa t of determ ks if
ier r er ier Numb ction the ining any
er was transa the
under ction arm’s
taken length
price[
See
sectio
n
92C(1)
].

1 Conva 101 Other - - Emplo 88-18 Issue INR Charg 5940 other 'Durin
i East s yer 9035 of ed 00 meth g the
Techn San Identi 2 Capita od year,
ologie Ferna ficati l- the
s Inc ndo on Equity Comp
Street numb Share any
APT er s has
138 receiv
SA, ed an
San amoun
Jose, t of
San Rs.
Jose, 5,94,0
San 00
Jose, towar
CA, ds
Foreig issue
n, of
United equity
shares
States . The
Of Comp
Ameri any
ca - believ
9511 es
2 that
no
incom
e
arises
from
such
issue
of
shares
.
Thus,
it is
not
liable
to
Sl. Name Addre Type Perma Tax Name Uniqu Nature Curren Type Consid Metho Obser
No. ss of nent Identif of the e of cy in eratio d vation
Uniqu accou icatio Uniqu Identif transa which n in used s/
e nt n e icatio ction the respec for Remar
Identif numbe Numb Identif n transa t of determ ks if
ier r er ier Numb ction the ining any
er was transa the
under ction arm’s
taken length
price[
See
sectio
n
92C(1)
].

compl
y with
the
requi
remen
ts
embod
ied
under
sectio
ns 92
to
92F
of the
Act,
read
with
Rules
10A
to
10E
of the
Rules
based
on
Judici
al
prece
dence
s.
Howev
er, as
an
abund
ant
cautio
n the
transa
ction
has
been
disclo
sed
under
clause
Sl. Name Addre Type Perma Tax Name Uniqu Nature Curren Type Consid Metho Obser
No. ss of nent Identif of the e of cy in eratio d vation
Uniqu accou icatio Uniqu Identif transa which n in used s/
e nt n e icatio ction the respec for Remar
Identif numbe Numb Identif n transa t of determ ks if
ier r er ier Numb ction the ining any
er was transa the
under ction arm’s
taken length
price[
See
sectio
n
92C(1)
].

16 of
the
Form
3CEB
by
consid
ering
the
Other
Metho
d as
the
Most
Appro
priate
Metho
d.

17. Transactions in mutual agreement or arrangement

Has the assessee entered into any international transaction with an associated enterprise or No
enterprises by way of a mutual agreement or arrangement for the allocation or apportionment of, or
any contribution to, any cost or expense incurred or to be incurred in connection with a benefit,
service or facility provided or to be provided to any one or more of such enterprises?

18. Transactions arising out/being part of business restructuring or

reorganizations
Has the assessee entered into any international transaction(s) arising out/being part of any business No
restructuring or reorganization entered into by it with the associated enterprise or enterprises as
specified in Explanation (i)(e) below section 92B (2) and which has not been specifically referred to
above?

19. Transactions having a bearing on the profits, income, losses or assets

of the assessee
Has the assessee entered into any other international transaction(s) including a transaction having a No
bearing on the profits, income, losses or asset , but not specifically referred to above, with associated
enterprise?

20. Deemed international transactions

Has the assessee entered into any transaction with a person other than an AE in pursuance of a prior No
 agreement in relation to the relevant transaction between such other person and the associated
enterprise?

Part C-Specified Domestic Transaction(s)

21. Details of Associated Enterprises

List of associated enterprises with whom the assessee has entered into specified domestic transactions

Sl. No. Name of the PAN of the Aadhaar of Address of Nature of Nature of Brief
associated associated the the the Relationship description
enterprise enterprise associated associated relationship of the
enterprise enterprise with the business
associated carried on
enterprise by the said
associated
enterprise

No
Records
Added

22. Transactions in the nature of transfer or acquisition of any goods or

services
A. Has any undertaking or unit or enterprise or eligible business of the assessee [as referred to in No
section 80A(6), 80-IA(8) or section 10AA] transferred any goods or services to any other business
carried on by the assessee?

B. Has any undertaking or unit or enterprise or eligible business of the assessee [as referred to in No
section 80A(6), 80IA(8) or section 10AA] acquired any goods or services from another business of the
assessee?

23. Transactions in the nature of any business transacted

Has the assessee entered into any specified domestic transaction(s) with any associated enterprise No
which has resulted in more than ordinary profits to an eligible business to which section 80IA(10) or
section 10AA applies?

24. Transaction in the nature of any business transacted between the

persons referred to in section 115BAB(6)
Has the assessee entered into any specified domestic transaction(s) with any person referred to in sub- No
section (6) of section 115BAB which has resulted in more than ordinary profits expected to arise in
such business?

25. Any other transaction

Has the assessee entered into any other specified domestic transaction (s) not specifically referred to No
above, with an associated enterprise?

Name HARIHARAN NIRANJAN

Address No 45, U Block, Annanagar, 8th

Street, Anna Nagar, CHENNAI,
Anna Nagar S.O (Chennai),
600040, Tamil Nadu, INDIA
Place 27.62.139.204
 Date 27-Oct-2023

Acknowledgement Number - 455042020281023

This form has been digitally signed by HARIHARAN NIRANJAN having PAN APSPH5831D from IP Address
27.62.139.204 on 27-Oct-2023 06:25:44 PM
Dsc Sl No and issuer 22856139CN=e-Mudhra Sub CA for Class 3 Individual 2014,C=IN,O=eMudhra Consumer
Services Limited,OU=Certifying Authority