TMI BlogFurnishing application for Advance Pricing Agreement (APA) [ Rule 10I ]X X X X Extracts X X X X X X X X Extracts X X X X ..... I(1) ] The fees payable shall be in accordance with following table based on the amount of international transaction entered into or proposed to be undertaken in respect of which the agreement is proposed:- [ Rule 10I(5) ] Amount of international transaction entered into or proposed to be undertaken in respect of which agreement is proposed during the proposed period o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sed along with the APA application in Form No.3CED . Fee paid is non refundable except when the application is not allowed to be proceeded with under Rule 10K . [ Rule 10I(4) ] Application to whom furnished [ Rule 10I(2) ] In case of unilateral APA , the application is required to be furnished in triplicate to the Director General of Income Tax (International Taxation ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the previous year relevant to the first assessment year which the application seeks to cover. For example , if the APA application seeks to cover five years starting from A.Y. 2014-15 to A.Y. 2018-19, the application must be filed before 1 st April, 2013. if the international transaction is the one which the applicant has not yet undertaken, the appli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The APA application is required to be in Form No. 3CED . The form is self-explanatory. However, the following guidance is provided with respect to some of the items: Serial no. 1(g) requires names and designation of the authorized representatives who would be appearing before the authorities. It would be useful if representative files proper authorization from the appli ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
