CBDT Signs two Indian Advance Pricing Agreements (APAs)

The Central Board of Direct Taxes (CBDT) has entered into 2 Bilateral Advance Pricing Agreements (APAs). These Agreements are the first ever Bilateral APAs with The Netherlands.

With the signing of these Agreements, the total number of APAs entered into by the CBDT has gone up to 186. This includes 171 Unilateral APAs and 15 Bilateral APAs. These two APAs pertain to the Electronics and Technology sectors of the economy.

Static/Current Takeaway Points Important for IBPS PO Mains 2017 Exam-

  • CBDT Chairperson- Sushil Chandra, Headquarters- New Delhi
Source- DD News

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