<h1>CBDT Signs 7 Unilateral Advance Pricing Agreements with Indian Taxpayers to Ensure Transfer Pricing Certainty.</h1> The Central Board of Direct Taxes (CBDT) signed seven Unilateral Advance Pricing Agreements (APAs) with Indian taxpayers on July 18, 2016. These agreements, some with Rollback provisions, aim to provide certainty in transfer pricing by pre-determining pricing methods for international transactions. Introduced in 2012, the APA scheme has seen over 700 applications in four years. The recent agreements cover sectors like banking, IT, and automotive, involving services such as software development and business support. With these signings, the total APAs reached 77, including 3 bilateral ones, advancing the government's goal of a non-adversarial tax regime.