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GAIL signs advance pricing agreement with CBDT; first oil, gas PSU to do so
GAIL is the first public sector undertaking in oil & gas sector in India to successfully sign the APA
Covid-19 pandemic, staff crunch deal blow to pending APA applications
APAs are aimed at providing certainty to taxpayers in respect of the transfer price of the cross-border transactions
MNCs approach tax dept, seek revision of agreements due to Covid-19
These companies are reaching out to the direct tax board to seek clarity on revising the advance pricing agreements
Advance pricing agreements: CBDT signs 2 more deals with taxpayers
One of these agreements also have a 'rollback' provision in them