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CBDT signs record number of 125 Advance Pricing Agreements in FY24

Indian-GRAPEVINE-cbdt-signs-record-number-of-125-advance-pricing-agreements-in-fy24

Published 17 Apr, 2024

By Staff Reporter

The Central Board of Direct Taxes (CBDT) has entered into a record 125 Advance Pricing Agreements (APAs) with Indian taxpayers in 2023-24.

This includes 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs), the finance ministry said in a statement on Tuesday.

This marks the highest ever APA signings in any financial year since the launch of the APA programme, it said.



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