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Resolution of more than 100 Cases of Transfer Pricing Disputes with USA Under MAP

News and Press Release - Dated:- 28-1-2016 - One of the significant steps taken by Central Board of Direct Taxes(CBDT to boost investment sentiments among MNCs is the landmark Framework Agreement signed with the Revenue Authorities of USA in January, 2015. This agreement was finalised under the Mutual Agreement Procedure (MAP) provision contained in the India-USA Double Taxation Avoidance Convention (DTAC). The agreement seeks to resolve about 200 past transfer pricing disputes between the two c .....

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