Advance Pricing Agreements (APA)

Source: PIB   Context: Central Board of Direct Taxes (CBDT) has entered into a record 95 Advance Pricing Agreements in FY 2022-23 with Indian taxpayers. With this, the total number of APAs since the inception of the APA programme (2012) has gone up to 516 (420 Unilateral APAs (UAPAs) and 96 Bilateral APAs (BAPAs))