CBDT has signed bilateral APAs with UK based companies

Q.  CBDT has signed APAs with two UK based companies. What are APAs?
- Published on 02 Feb 16

a. Advance Pricing Agreements
b. Advanced Pricing Agreements
c. Acknowledged Pricing Agreements
d. None of the above

ANSWER: Advance Pricing Agreements
 
CBDT has signed APA with two UK based firms. Two APAs address the issue pf payment of management, service charges and payment of royalty. Transactions are generally prolonged and multi-layered transfer pricing.

Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)