Advance Pricing Agreements

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