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    <title>Central Board of Direct Taxes (CBDT) signs four more unilateral Advance Pricing Agreements (APAs)</title>
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    <description>The Central Board of Direct Taxes expanded its Advance Pricing Agreement programme by entering additional unilateral APAs covering contract manufacturing, IT enabled services and software development services; the APA framework (introduced in 2012 with &quot;Rollback&quot; provisions in 2014) establishes agreed transfer pricing methods and pricing in advance to provide taxpayer certainty and address complex transfer pricing issues in a non adversarial, transparent manner.</description>
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