https://www.taxtmi.com/news?id=17071 The Central Board of Direct Taxes executed additional unilateral Advance Pricing Agreements, some with Rollback provisions, covering international transactions in sectors such as pharmaceuticals, IT and construction and specifying pricing methods in advance for services including software development, IT-enabled services, engineering design, contract R&D and marketing support. The APA Scheme, introduced in 2012 with rollback added in 2014, aims to furnish transfer pricing certainty and has attracted substantial interest with over seven hundred applications, supporting a shift toward a nonadversarial tax regime. en-us Wed, 14 Dec 2016 11:02:50 +0530 Wed, 14 Dec 2016 11:02:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17071 The Central Board of Direct Taxes executed additional unilateral Advance Pricing Agreements, some with Rollback provisions, covering international transactions in sectors such as pharmaceuticals, IT and construction and specifying pricing methods in advance for services including software development, IT-enabled services, engineering design, contract R&D and marketing support. The APA Scheme, introduced in 2012 with rollback added in 2014, aims to furnish transfer pricing certainty and has attracted substantial interest with over seven hundred applications, supporting a shift toward a nonadversarial tax regime. News - Wed, 14 Dec 2016 11:02:50 +0530 https://www.taxtmi.com/news?id=17071