CBDT amends Rule 44E of Application for obtaining an Advance Ruling
CBDT has notified the Income-tax (Ninth Amendment) Rules, 2023 amending the Rule 44E related to Application for obtaining an Advance Ruling.
The amendment seeks to prescribe mode and authorised signatory of the Application for different emtities, i.e company, firm, individual, HUF etc. Further it prescribes mode of furnishing of the application.
The following Forms have also been revised.
Form No. 34C
Form of application by a non-resident applicant for obtaining an advance ruling under section 245Q(1) of the Income-tax Act, 1961
FORM No. 34D
[See rule 44E]
Form of application by a resident applicant for seeking an advance ruling in relation to a transaction undertaken or proposed to be undertaken by him with a non-resident, under section 245Q(1) of the Income-tax Act, 1961
FORM No. 34DA
[See rule 44E]
Form of application by a resident applicant for seeking an advance ruling, in relation to a transaction which has been undertaken or is proposed to be undertaken, under section 245Q(1) of the Income-tax Act, 1961
FORM No. 34E
[See rule 44E]
Form of application by a resident falling within such class or category of persons as notified by Central Government for obtaining an advance ruling under section 245Q(1) of the Income-tax Act, 1961
FORM No. 34EA
[See rule 44E]
Form of application by a person for obtaining an advance ruling under section 245Q(1) of the Income-tax Act, 1961
Download CBDT Notification No. 37/2023 Click Here >>
- AO took a reasonable stand that 25 kg written in WhatsApp chat was 25 lakh – ITAT
- Shareholders can’t be taxed for income from properties owned by the company – HC
- Jurisdictional error in reassessment approval can’t be shielded by the law of limitation
- ITAT ought to remanded whole matter of bogus purchases instead of profit determination
- Where proceedings u/s 153C barred by limitation, AO can’t invoke section 148 & 148A
