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CBDT achieves important milestone of 200 APAs

News and Press Release - Dated:- 1-3-2018 - The Central Board of Direct Taxes (CBDT) entered into seven more Advance Pricing Agreements (APAs) during the month of February, 2018. All the seven are Unilateral APAs. With the signing of these Agreements .....

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entered into 51 APAs so far (44 Unilateral APAs and 7 Bilateral APAs). The seven APAs signed in February pertain to the Pharmaceuticals, Automobiles, Financial and Food & Beverages sectors of the economy. The international transactions covered in .....

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ovision of Engineering Design Support Services, Provision of Sourcing Support Services, Payment of Interest, etc. The APA provisions were introduced in the Income-tax Act, 1961 in 2012 and the Rollback provisions were introduced in 2014. The APA sche .....

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