CBDT signs 26 advance pricing agreements in April-August

News:The Central Board of Direct Taxes (CBDT) has entered into 26 Advance Pricing Agreements(APAs) in the first 5 months of the financial year (April to August,2019). Facts: About Advance Pricing Agreements(APAs): APA is an agreement between a taxpayer and tax authority determining the transfer pricing methodology for pricing the taxpayer’s international transactions for future years.… Continue reading CBDT signs 26 advance pricing agreements in April-August

18 Advance Pricing Agreements signed in March: CBDT

The Central Board of Direct Taxes (CBDT) has entered into 18 Advance Pricing Agreement(APAs) in the month of March 2019 which includes 3 Bilateral APAs(BAPAs).With this,the total number of APAs entered into by the CBDT as of now stands at 271,which also includes 31 BAPAs. APA allows the taxpayer and the tax authority to avoid… Continue reading 18 Advance Pricing Agreements signed in March: CBDT