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    Question

    How many Advance Pricing Agreements (APAs) did the

    Central Board of Direct Taxes (CBDT) sign in FY 2023-24?
    A 95 Correct Answer Incorrect Answer
    B 100 Correct Answer Incorrect Answer
    C 125 Correct Answer Incorrect Answer
    D 150 Correct Answer Incorrect Answer
    E 175 Correct Answer Incorrect Answer

    Solution

    The CBDT signed a record number of 125 Advance Pricing Agreements (APAs) in FY 2023-24, the highest annual count since the program's inception, aimed at providing tax certainty in international transactions.

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