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CBDT inks the 300th Advance Pricing Agreement

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....BDT inks the 300th Advance Pricing Agreement <br>News and Press Release<br>Dated:- 1-10-2019<br><BR>The Central Board of Direct Taxes (CBDT) has signed the 300th Advance Pricing Agreement (APA) during....

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.... the month of September, 2019. This is a significant landmark of India's APA Programme, which is currently in its seventh year. Three APAs were entered into in September, 2019 (2 Unilateral and 1 Bil....

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....ateral APA), which has taken the total number of APAs signed by CBDT to 300. During the ongoing fiscal, the total number of APAs entered into has gone up to 29 (27 Unilateral and 2 Bilateral APAs). Th....

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....e Bilateral APA signed in September, 2019 pertains to United Kingdom. The APAs entered into during September, 2019 pertain to various sectors of the economy like retail, garments, and consumer foods.....

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.... The international transactions covered in these agreements, inter alia, include provision of software development services, contract manufacturing, provision of IT enabled Services and provision of S....

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....upport Services. The APA Scheme continues to make good progress in providing tax certainty to MNEs. It reflects the Government's commitment towards fostering a non-adversarial tax regime.<BR> News - ....

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....Press release - PIB....