20-April-2024
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Taxation
 
CBDT signs 20 unilateral APAs with taxpayers
31-Aug-2016

The Central Board Of Direct Taxes(CBDT) has singed 20 unilateral advance pricing agreements (APAs) with Indian taxpayers as it looks to reduce litigation by providing certainty in transfer pricing. "CBDT entered into 20 unilateral advance pricing agreements... (on) August 29, 2016 and August 30, 2016, with Indian taxpayers. Many of these agreements also have a 'Rollback' provision in them," the Finance Ministrysaid in a statement.

News Source:- http://www.business-standard.com/article/pti-stories/cbdt-signs-20-unilateral-apas-with-taxpayers-116083000777_1.html
 
 
 
 
 

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