Surabhi Ahluwalia, CBDT Spokesperson, said, "With the signing of this Agreement, the CBDT has achieved another milestone of having signed its 200th APA">UAPA. The total number of APAs entered into by CBDT has gone up to 220, which, inter alia include 20 Bilateral APAs. The APA">UAPA signed in this month also happens to be the first APA in the current financial year."
The progress of the APA scheme strengthens the Government's resolve of fostering a non-adversarial tax regime. The Indian APA programme has been appreciated nationally and internationally for being able to address complex transfer pricing issues in a fair and transparent manner. (ANI)