Current Affairs · Taxation
Consider the following statements regarding Advance Pricing Agreements (APAs): 1. They are legal agreements between the Central Government and foreign investors that regulate capital repatriation timelines. 2. Bilateral APAs are signed between Indian tax authorities and their counterparts in foreign jurisdictions. 3. APAs help ensure pricing transparency in cross-border transactions. 4. APAs are governed under the Income Tax Act, 1961. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 3, and 4 only
- 22, 3, and 4 only✓
- 31, 2, and 4 only
- 42 and 3 only
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2, 3, and 4 only
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