<h1>CBDT Signs Four New Unilateral Advance Pricing Agreements, Total Now 130, Enhancing Transfer Pricing Certainty.</h1> The Central Board of Direct Taxes (CBDT) has signed four additional unilateral Advance Pricing Agreements (APAs), bringing the total to 130, including 8 bilateral and 122 unilateral APAs. These agreements involve international transactions in the Manufacturing, Financial, and IT sectors, such as Contract Manufacturing and Software Development Services. Introduced in 2012, the APA scheme aims to provide certainty in transfer pricing, with over 700 applications filed to date. The scheme, enhanced by 2014's Rollback provisions, is praised for addressing complex transfer pricing issues, supporting the government's goal of a non-adversarial tax regime.