https://www.taxtmi.com/acts?id=16918 Revision of an Advance Pricing Agreement may be made by the Board when critical assumptions change, conditions are not met, law changes affect covered matters, or a foreign competent authority seeks revision in a bilateral or multilateral agreement. Revision may be initiated suo motu or on request of the assessee, the competent authority in India, or the Director General of Income-tax (International Taxation). Except where the assessee requests revision, hearing and the assessee's agreement to the proposal are required, failing which cancellation may follow under the relevant rule. en-us Sat, 01 Sep 2012 12:59:02 +0530 Mon, 18 May 2026 18:10:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16918 Revision of an Advance Pricing Agreement may be made by the Board when critical assumptions change, conditions are not met, law changes affect covered matters, or a foreign competent authority seeks revision in a bilateral or multilateral agreement. Revision may be initiated suo motu or on request of the assessee, the competent authority in India, or the Director General of Income-tax (International Taxation). Except where the assessee requests revision, hearing and the assessee's agreement to the proposal are required, failing which cancellation may follow under the relevant rule. Act-Rules Income Tax Sat, 01 Sep 2012 12:59:02 +0530 https://www.taxtmi.com/acts?id=16918