Income Tax

CBDT amends Rule 44E – Application for obtaining an Advance Ruling

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 >>

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