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CBDT signs record 174 APAs in FY25, including India's 1st multilateral APA
An APA helps taxpayers and tax authorities agree on how to price transactions between related companies in different countries
Backlog baggage: Staff shortage delays advance pricing agreement process
Presently, there are five APA teams in the country with two teams in Delhi and one team each in Mumbai, Bengaluru and Gurgaon
GAIL signs advance pricing agreement with CBDT; first oil, gas PSU to do so
GAIL is the first public sector undertaking in oil & gas sector in India to successfully sign the APA
Covid-19 pandemic, staff crunch deal blow to pending APA applications
APAs are aimed at providing certainty to taxpayers in respect of the transfer price of the cross-border transactions
MNCs approach tax dept, seek revision of agreements due to Covid-19
These companies are reaching out to the direct tax board to seek clarity on revising the advance pricing agreements
Advance pricing agreements: CBDT signs 2 more deals with taxpayers
One of these agreements also have a 'rollback' provision in them
