Page-3 of Advance Pricing Agreements Current Affairs, GK & News
The Central Board of Direct Taxes (CBDT) has signed seven unilateral Advance Pricing Agreements (APAs) with Indian taxpayers to reduce tax litigation. With this, CBDT has so far entered into 77 APAs. This includes three bilateral APAs and 74 unilateral APAs. These 7 APAs signed pertain to various sectors like banking, information technology and automotives. ..
Month: Current Affairs - July, 2016
The Central Board of Direct Taxes (CBDT) has signed 11 unilateral Advance Pricing Agreements (APAs). With this CBDT has so far entered into 59 bilateral or unilateral APAs. 50 of these agreements have been signed in the current financial year i.e. 2016-17. Key facts The Advance Pricing Agreement (APA) programme was introduced in India by ..
The Central Board of Direct Taxes (CBDT) has signed two bilateral Advance Pricing Agreements (APAs) with United Kingdom (UK). These APAs were signed with two Indian group entities of a UK based Multi-National Company (MNC) as per the terms of Mutual Agreement Procedure (MAP) process mentioned in the India-UK Double Tax Avoidance Agreement (DTAA). This ..