Revision of Advance Pricing Agreement (APA) [ Rule 10Q ]

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....ile the modified return for the period after the revision of the APA within three months and the assessing officer will reassess or recompute the total income of the relevant assessment year having regard to and in accordance with the revised agreement. * Situation in which revised APA * An agreement, subsequent to it having been entered into, may be revised by the Board, if.- * (a) there is....

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....less an opportunity of being heard has been provided to the assessee and the assessee is in agreement with the proposed revision. [ Rule 10Q(3) ] * Revised agreement may be cancelled * In case the assessee is not in agreement with the proposed revision the agreement may be cancelled in accordance with rule 10R. [ Rule 10Q(4) ] * In case the Board is not in agreement with the request of the ....