India's Central Board of Direct Taxes has announced the signing of a record number of Advance Pricing Agreements in 2023-24.
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CBDT signs record number of 125 Advance Pricing Agreements (APAs) in FY 2023-24
The Central Board of Direct Taxes (CBDT) has entered into a record 125 Advance Pricing Agreements (APAs) in FY 2023-24 with Indian taxpayers. This includes 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). This marks the highest ever APA signings in any financial year since …