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    <title>CBDT enters into 26 APAs during the current Financial Year (2019-20)</title>
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    <description>The Central Board of Direct Taxes has executed multiple Advance Pricing Agreements, both bilateral and unilateral, covering specified international transactions-such as contract manufacturing, software and back office services, royalties, trading, intra group services and financing-across diverse industry sectors, using APAs to pre determine transfer pricing methodologies and promote a non adversarial, transparent framework that reduces disputes and provides tax certainty for cross border operations.</description>
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