Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: due date for vat payment :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: cpt :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: TDS :: list of goods taxed at 4% :: VAT Audit :: form 3cd :: ACCOUNTING STANDARDS
« Direct Tax »
 Deadline For Income Tax Returns Filing Only 12 Days Away. 10 Points
 Income Tax: E-assessment ensures greater efficiency in the taxation system
 10 Points Deadline For Income Tax Returns Filing Only 2 Weeks Away.
 Income tax returns (ITR) filing: A step by step guide to check your ITR status online and offline
 How to save tax; amazing tips to make your money stay in your wallet Income tax returns (ITR) filing
 Want to save tax? Here are the best options
 Suggestion For Option To Assessee For Higher And Lower TDS/TCS For Optimization Of Tax Collection And Refunds
 CBDT to conduct nationwide review of tax collection for FY18 today
 Here are a few last-minute tax saving ideas Not planned taxes yet?
 Confessions of a fake CA exposes lacuna in e-filing of tax return
 Greetings from the income tax department

Central Board of Direct Taxes signs first bilateral Advance Pricing Agreement
December, 20th 2014

Tax authority Central Board of Direct Taxes (CBDT) today signed a bilateral Advance Pricing Agreement (APA) with a Japanese company.

"This is India's first bilateral APA. The APA is for a period of five years," an official statement said.

APAs will improve investment climate in the country, it said, adding the APA has been finalised in a period of about one-and-a-half years, which is shorter than time normally taken in finalising APAs internationally.

The scheme has been introduced to bring about certainty and uniformity in transfer pricing matters of multi-national companies and reducing litigation.

In the context of growing economic ties between Japan and India, especially after Prime Minister's visit to Japan, this APA is expected to generate positive sentiments among Japanese investors in India.

Commenting on the first Bilateral APA between India and Japan, S P Singh, Senior Director, Deloitte Haskins & Sells said transfer pricing has become the most discussed tax topic over the last few years, not only among tax experts and policy makers, but also in corporate board rooms.

Transfer pricing authorities are often considered very aggressive and unappreciative of business and economic realities, he said.

In 2012 the government introduced mechanism of Advance Pricing Agreement (APA), he said, adding that to avoid protracted litigation, many multinational companies have decided to adopt the APA route.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - About Us

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions