Advanced Pricing Agreements

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  Tax Department Signs Advance Pricing Pact With Japanese Firm

  Recently, the Central Board of Direct Taxes (CBDT) has also modified an existing Bilateral Advance Pricing Agreement with another Indian subsidiary of a Japanese company to include rollback provisions, an official statement said.

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  Tax Department Signs 3 Advance Pricing Pacts With Taxpayers

  The advance pricing agreements scheme was introduced in the Income-tax Act in 2012 and the "Rollback" provisions were introduced in 2014.

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  Central Board Of Direct Taxes Signs 2 Unilateral Advance Pricing Agreements

  The APA Scheme was introduced in the Income-tax Act in 2012 and the 'Rollback' provisions were introduced in 2014.

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  India, UK Sign Three Advance Pricing Agreements

  The three agreements cover international transactions in the nature of payment of intra-group service charges and pertain to the telecom industry.

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  India, US Resolve Tax Disputes Worth Rs 5,000 Crore

  India and the US have resolved over 100 cases of tax disputes involving Rs 5,000 crore under the Mutual Agreement Procedure (MAP) and have finalised the terms and conditions of the first bilateral Advance Pricing Agreement (APA), an official statement said on Thursday.

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  BRICS Summit 2016: Russia, India To Sign $5 Billion S-400 Missile Deal In Goa

  Russia and India will sign a 5 billion dollar agreement on Saturday for Moscow to deliver S-400 surface-to-air missiles to New Delhi.

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  Taxman Signs 20 Unilateral Advance Pricing Agreements With Taxpayers

  The Central Board of Direct Taxes (CBDT) has singed 20 unilateral advance pricing agreements (APAs) with Indian taxpayers as it looks to reduce litigation by providing certainty in transfer pricing.

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  Taxman Signs More Advance Pricing Pacts With MNCs

  The tax department on Monday signed seven more unilateral advance pricing agreements (APAs) with taxpayers as it aims to reduce litigation by providing certainty in the domain of transfer pricing.

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  Proposed GST In India Is Of Paramount Importance: US

  Underscoring the need for tax reforms in India, the US has said the proposed Goods and Services Tax (GST) is of paramount importance.

• Time Extended for Filing Roll-Back Applications Under Advance Pricing Agreement

  The Central Board of Direct Taxes (CBDT) has extended the window for filing roll-back applications under the Advance Pricing Agreement relating to transfer pricing cases by three months to June 30.

• Tax board to sign more advance pricing agreements with MNCs

  The government has so far received more than 146 applications from companies for advance pricing agreement mechanism which would allow companies to seek guidance on pricing of goods and services in advance.

• Read: Finance Minister’s full statement in Parliament on GAAR

  Read: Finance Minister’s full statement in Parliament on GAAR

• Direct Tax Code likely to become effective from FY'14: Pranab

  The government may look at scrapping cross-holding in the sector as part of the National Telecom Policy.

• Nasscom seeks removal of MAT on SEZ units

  In its Budget submission to the Finance Ministry, Nasscom has recommended that MAT on SEZ income be withdrawn.

• Revenue dept prevented illegal outflow of Rs 66,085 cr: Pranab

  Government's efforts to deal with the menace of black money helped in checking tax evasion as alert revenue officials prevented illegal outflow of over Rs 66,000 crore by MNCs during the last fiscal.