https://www.taxtmi.com/acts?id=38689 The amendment authorises the Board, with Central Government approval, to enter into advance pricing agreements that determine the arm's length price or the manner of its determination for international transactions, or to determine the income attributable to operations in India by or on behalf of a non-resident. Such APAs may employ methods in section 92C(1) or rule-prescribed methods with adjustments, and the arm's length price or attributable income shall be determined according to the APA notwithstanding sections 92C, 92CA, or rule methods. An APA may cover up to four preceding years subject to prescribed conditions. en-us Sat, 28 Mar 2020 10:25:15 +0530 Sat, 28 Mar 2020 10:25:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38689 The amendment authorises the Board, with Central Government approval, to enter into advance pricing agreements that determine the arm's length price or the manner of its determination for international transactions, or to determine the income attributable to operations in India by or on behalf of a non-resident. Such APAs may employ methods in section 92C(1) or rule-prescribed methods with adjustments, and the arm's length price or attributable income shall be determined according to the APA notwithstanding sections 92C, 92CA, or rule methods. An APA may cover up to four preceding years subject to prescribed conditions. Act-Rules F. Acts / Amendment Acts Sat, 28 Mar 2020 10:25:15 +0530 https://www.taxtmi.com/acts?id=38689