https://www.taxtmi.com/news?id=19272 Advance Pricing Agreement framework expanded with the CBDT entering two unilateral APAs and one bilateral APA covering electronics, coal and insurance sectors and international transactions such as software development services, IT-enabled services and trading; APAs set pricing methods and prices in advance to provide tax certainty. The scheme, introduced in the Income-tax Act in 2012 with rollback provisions in 2014, aims to reduce adversarial transfer pricing disputes, enhance transparency in addressing complex transfer pricing issues, and contribute to ease of doing business. en-us Fri, 29 Dec 2017 15:31:51 +0530 Fri, 29 Dec 2017 15:31:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19272 Advance Pricing Agreement framework expanded with the CBDT entering two unilateral APAs and one bilateral APA covering electronics, coal and insurance sectors and international transactions such as software development services, IT-enabled services and trading; APAs set pricing methods and prices in advance to provide tax certainty. The scheme, introduced in the Income-tax Act in 2012 with rollback provisions in 2014, aims to reduce adversarial transfer pricing disputes, enhance transparency in addressing complex transfer pricing issues, and contribute to ease of doing business. News - Fri, 29 Dec 2017 15:31:51 +0530 https://www.taxtmi.com/news?id=19272