Advance Tax Rulings

Income Tax dept operationalises board for Advance Rulings in Delhi, Mumbai

According to the CBDT release, these Boards started functioning through e-mail-based procedures and conducting hearing through video conferencing

Updated On: 19 Aug 2023 | 6:01 PM IST

Four key reasons why the AAR is losing its relevance in direct taxes

Set up in 1993 to provide clarity to MNCs about taxability of certain transactions, and later to domestic companies for deals above Rs 100 cr, it has become dysfunctional due to vacancies at the top

Updated On: 23 Sep 2020 | 11:18 PM IST

CBDT to modify advance ruling forms for transparency in cross-border deals

The decision is to bring greater transparency in cross national transactions

Updated On: 14 Apr 2018 | 9:53 PM IST