AdvertisementThe Central Board of Direct Taxes has outlined key changes to the Advance Pricing Agreement (APA) programme under the Income-tax Act, 2025 and Income-tax Rules, 2026, including revised Forms 51, 52 and 54. Income Tax DepartmentCentral Board of Direct TaxesAdvance Pricing Agreements (APA)Key changes at a glanceImportant changes related to the APA program for fast tracking the Unilateral APAs include:Old provisions in Income-tax Act, 1961/ Income-tax Rules, 1965/Old Form No. New provisions in Income-tax Act, 2025/ Income-tax Rules, 2026/ New Form No. Changes in the Form of APA annual compliance (Form 52, earlier Form 3CEF): The prescribed form 52, makes filing annual compliance report more accurate and easy for the taxpayers. Key Features of the new Form Benefits to thestakeholders 1 The form Form No 51 combines the erstwhile Form 3CED (to apply for an Advance Pricing Agreement) and Form 3CEDA (to apply for Rollback of an Advance Pricing Agreement).