Which of the following statements is true?
A. Only 1
B. 1 and 2
C. Only 2
D. Neither 1 nor 2
Answer:B
Which of the following statements is true?
A. Only 1 B. 1 and 2 C. Only 2 D. Neither 1 nor 2
Explanation: The Central Board of Direct Taxes (CBDT) entered into nine Unilateral Advance Pricing Agreements (UAPAs) with Indian taxpayers in the month of July, 2017. Some of the UAPAs signed had rollback provisions also.