<h1>Advance Pricing Agreements bolster a non adversarial transfer pricing framework by pre agreeing pricing methods for related party transactions.</h1> The Central Board of Direct Taxes signed seven unilateral Advance Pricing Agreements in October 2017, bringing the total to 184 APAs (171 unilateral, 13 bilateral) and contributing to 32 APAs executed in the financial year to date. The agreements cover multiple sectors and a range of international related party transactions-such as IT enabled services, software development, marketing support, engineering design services, payment of interest, trading and import of components-and are presented as strengthening a non adversarial transfer pricing framework by pre agreeing pricing methods.