Advance Pricing Agreements (APAs) Current Affairs, GK & News

Central Board of Direct Taxes (CBDT) signed first Advance Pricing Agreements (APAs) with ‘Rollback’ provision.

In order to bring certainty in tax liability and avoid disputes in taxation with the multinationals operating in India, the Central Board of Direct Taxes (CBDT) for the first time has entered into an Advance Pricing Agreements (APAs) with ‘Rollback’ provision with the two US MNCs. Advance Pricing Agreements (APAs) with ‘Rollback’ provision facilitates tax ..

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