Introduction - Advance Pricing Agreement

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....ty in approach in international transactions between associated enterprises, the Finance Act, 2012 has inserted sections 92CC and section 92CD in the Income Tax Act 1961 (in short 'the Act') introducing the provisions of Advance Pricing Agreement (APA). The APA process is voluntary and will supplement appeal and other Double Taxation Avoidance Agreement (DTAA or in short 'Treaty')....