India's second APA Annual-Report indicates Rs.3000 Cr tax recovery without litigation

Aug 31,2018

CBDT’s second APA Annual Report (2017-18) highlights that 67 APAs (58 Unilateral and 9 Bilateral) were signed during 2017-18, taking the total APA tally to 219 (199 Unilateral and 20 Bilateral); Reveals dip of 27.5% in number of APAs signed in 2017-18 (as compared to 2016-17) owing to complexity of cases increasing and shortage of manpower in the APA teams; Report also indicates that average time to conclude 58 Unilateral APAs in 2017-18 was ...

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