Type of Advance Pricing Agreement

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..... e Board and the applicant and does not involve any agreement with the treaty partner. It, therefore, does not guarantee the ALP or Transfer Pricing Method (TPM), determined under an APA, being accepted by the other country. In bilateral APA , the applicant is required to make an application with the competent authority of India and simultaneously the applicant or its AE should apply to the com .....

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..... ed into. Request accepted by the Competent authority In bilateral or multilateral APA can be accepted by Indian competent authority where: a tax treaty exists between India and other country(ies) containing an article on Mutual Agreement Procedure ; in case of international transactions leading to economic double taxation arising out of TP adjustments, the said tax tr .....

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