Executive summary
On 6 May 2020, the Indian Central Board of Direct Taxes (CBDT) issued a notification on amending its Mutual Agreement Procedure (MAP) rules (Amended MAP Rules). The amendments are in response to the recommendations of the Organisation for Economic Co-operation and Development’s (OECD) peer review report on India1 with respect to Action 14 (making dispute resolution mechanisms more effective) (the OECD Peer Review Report).
The Amended MAP Rules underscore India’s commitment t…