The Central Board of Direct Taxes today singed five unilateral advance pricing agreements (APAs) with Indian taxpayers as it looks to reduce litigation by providing certainty in transfer pricing.
Sanjay Kapoor, former CEO, Bharti Airtel feels the proposition about joint ventures with banks has made the proposition more interesting. "One of the basic criteria's is anybody who has a very large distribution network is an eligible bachelor from a viability perspective for a payment bank," he told CNBC-TV18.
Geojit Comtrade has come out with its report on Cocud, CPO and Kapas. According to the research firm, one can sell Cocud below Rs 1350, Kapas on pullbacks and CPO obove Rs 443.
Deloitte’s Recommendations for a Model- Advanced Pricing Agreement Scheme in India (APAs). This white paper is in support of the introduction by the Government of India of The Direct Taxes Code, 2010 and the provisions in that Bill for the use of APAs to address compliance with India’s transfer pricing rules.