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CBDT signs highest number of deals with MNCs to avoid audits in FY23
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ease of doing business, CBDT said. The tax authority also released a report on the deals.
The total number of deals signed in FY23 also includes 32 deals in which overseas tax authorities are also parties, giving greater tax certainty to participating MNCs. This also represents the highest number of such bilateral APAs signed in a year, CBDT said.
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