We Can Be Friends: USA and India Sign Framework Agreement
The Economic Times recently reported:
“NEW DELHI: India and the US have resolved 35 transfer pricing disputes in different segments of the information technology industry and another 100 are likely to be settled in the next three months. A framework agreement was recently signed with the US under the Mutual Agreement Procedure (MAP) provision of the India-US Double Taxation Avoidance Convention (DTAC).”
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