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    <title>Central Board of Direct Taxes signs three more Advance Pricing Agreements pertaining to the Engineering Goods and Shipping sectors. With this, the total number of APAs entered into by the CBDT reaches 120</title>
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    <description>The CBDT has executed three additional Advance Pricing Agreements, all unilateral, covering intra-group and support services in the Engineering Goods and Shipping sectors, bringing the total to 120 APAs (7 bilateral, 113 unilateral). The APA Scheme, introduced in 2012 with Rollback provisions in 2014, aims to provide transfer pricing certainty by specifying pricing methods and setting prices for international transactions in advance; the scheme has attracted over 700 applications and is described as fostering a non-adversarial tax regime.</description>
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      <title>Central Board of Direct Taxes signs three more Advance Pricing Agreements pertaining to the Engineering Goods and Shipping sectors. With this, the total number of APAs entered into by the CBDT reaches 120</title>
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