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    <title>Signing of 62 Advance Pricing Agreements by CBDT in FY 2021-22</title>
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    <description>The APA program expanded through additional bilateral and unilateral agreements, enabling advance determination of transfer pricing methods and arm&#039;s length price for specified international transactions for up to five future years, with a rollback option for preceding years that together provide multi year transfer pricing certainty. The mechanism is presented as reducing disputes, fostering a non adversarial tax regime, and improving ease of doing business, with recent growth maintained despite pandemic disruptions.</description>
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