https://www.taxtmi.com/manuals?id=4501 Entry into an Advance Pricing Agreement requires the taxpayer to file a modified return limited to the APA for covered years; that return is deemed a valid return and the assessing officer must complete or, if necessary, reassess income for those years in accordance with the APA. Transactions not covered by the APA are unaffected. If a TPO reference or DRP proceeding is pending for a covered transaction, the assessing officer must notify them and the TPO/DRP must suspend further audit or directions; related appeals and objections are to be withdrawn. en-us Mon, 26 Feb 2024 18:26:00 +0530 Tue, 27 Feb 2024 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4501 Entry into an Advance Pricing Agreement requires the taxpayer to file a modified return limited to the APA for covered years; that return is deemed a valid return and the assessing officer must complete or, if necessary, reassess income for those years in accordance with the APA. Transactions not covered by the APA are unaffected. If a TPO reference or DRP proceeding is pending for a covered transaction, the assessing officer must notify them and the TPO/DRP must suspend further audit or directions; related appeals and objections are to be withdrawn. Manuals Income Tax Mon, 26 Feb 2024 18:26:00 +0530 https://www.taxtmi.com/manuals?id=4501