The Advance Pricing Agreement (APA) program has proven to be an effective tool for dispute resolution since its inception in 2012 in India. The Sixth Annual Report, covering FY 2023-24, clearly highlights the progress made by the Central Board of Direct Taxes (CBDT) in entering into APAs. The previous annual report, issued in September 2023, provided statistics up to FY 2022-23, offering valuable insights into the growth and impact of the program over the years.
