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    <title>CBDT Signs the First Batch of Five (5) Unilateral Advance Pricing Agreements (APA); Agreements Cover a Period of Five (5) Years from AY 2014-15 to AY 2018-19 and Specify the Arm’s Length Price for the Covered International Transactions Entered into by the Taxpayers</title>
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    <description>The CBDT executed five unilateral Advance Pricing Agreements specifying the arm&#039;s length price for covered international transactions across several sectors, providing taxpayers multi year pricing certainty. The APA process includes pre filing consultations, detailed economic analysis, site visits and a functions, assets and risk (FAR) report prepared by the APA team and examined by the CBDT before submission for Central Government approval.</description>
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      <description>The CBDT executed five unilateral Advance Pricing Agreements specifying the arm&#039;s length price for covered international transactions across several sectors, providing taxpayers multi year pricing certainty. The APA process includes pre filing consultations, detailed economic analysis, site visits and a functions, assets and risk (FAR) report prepared by the APA team and examined by the CBDT before submission for Central Government approval.</description>
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