CBDT inks 26 APAs in FY 2019-20, total APA-tally approaches triple century mark

Sep 04,2019

CBDT enters into 26 APAs in the first 5 months of FY 2019-20, taking total APA tally to 297 (including 32 Bilateral APAs); States that out of the 26 APAs, 1 BAPA is entered into with UK and the remaining 25 are Unilateral APAs; APAs entered into pertain to various industries like IT, Banking, Semiconductor, Power, Pharmaceutical etc covering international transactions ranging from contract manufacturing, IT/ITeS, payment of charter charges and ...

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