Page-10 of CBDT
CBDT inks 7 Advance Pricing Agreements to cut tax litigation
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 ..
Month: Current Affairs - July, 2016
CBDT sings 11 unilateral Advance Pricing Agreements
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 ..
Month: Current Affairs - March, 2016
CBDT ink two bilateral APAs with United Kingdom
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 ..
Month: Current Affairs - February, 2016
Atulesh Jindal appointed as new chairman of CBDT
Senior Indian Revenue Service (IRS) Officer Atulesh Jindal has been appointed chairman of Central Board of Direct Taxes (CBDT). His appointment was cleared by Appointments Committee of Cabinet (ACC) chaired by Prime Minister Narendra Modi. Atulesh Jindal will succeed Arun ..
Month: Current Affairs - January, 2016
Arun Kumar Jain appointed as Chairman of CBDT
Senior revenue service officer Arun Kumar Jain appointed Chairman of Central Board of Direct Taxes (CBDT). His appointment was approved by the Appointments Committee of Cabinet (ACC) headed by Prime Minister Narendra Modi. Mr Jain is Indian Revenue Services (IRS) ..
Month: Current Affairs - December, 2015
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 ..