Page-2 of Apas Current Affairs, GK & News

CBDT inks 2 unilateral APAs with taxpayers

The Central Board of Direct Taxes (CBDT) signed two unilateral Advance Pricing Agreements (APAs) with Indian taxpayers pertain to the Information Technology and automobile sectors. The international transactions covered in these two agreements include software development services, IT enabled services (ITES), manufacturing and business support services. With this, the total number of APAs signed by ..

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India, UK sign three advance pricing pacts

India’s Central Board of Direct Taxes (CBDT) and the UK have signed three Bilateral Advance Pricing Agreements (B- APAs) taking the total number of APAs concluded between India and the UK to 5. So, far India has signed a total of 111 APAs both-bilateral and unilateral.   The APAs between India and UK have been ..

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CBDT signs 11 more Unilateral Advance Pricing Agreements

The Central Board of Direct Taxes (CBDT) has entered into 11 more unilateral Advance Pricing Agreements (APAs) with Indian subsidiaries of foreign companies operating in various segments of the economy. Of the total eleven APAs, seven were having rollback provisions in them with maximum period of 9 years, while the other four are extension agreements ..

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