Question
What is the primary objective of an Advance Pricing
Agreement (APA)?ÂSolution
Advance Pricing Agreements (APAs) are primarily designed to establish the pricing methodology for international transactions between related parties (e.g., subsidiaries of a multinational corporation) before these transactions occur. The core principle behind APAs is to ensure that these transactions are conducted at an arm’s length price. This means the price should be the same as if the transactions were between independent entities.
Adjudicating Authority’s powers and functions are contained under which provision?Â
Which of the following are public documents as per the Evidence Act?
Dying declaration is admissible as evidence before the court of law as per which section of the Indian Evidence Act, 1872?
According to Section 264, if the accused pleads guilty, the Magistrate:Â
What penalties can be imposed for violating the provisions of the Environment (Protection) Act?
What is the minimum turnover in India for the remaining or newly created enterprise after a merger or amalgamation to qualify as a combination?
Under Section 19 of the Contract Act, if A, intending to deceive B, falsely represents that five hundred maunds of indigo are made annually at A’s...
In which cases is the statement of a relevant fact by a person who is dead or cannot be found considered relevant?
What is the significance of Section 6 of the LIC Act?
According to Section 105 of the Transfer of Property Act, a lease is:Â
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