Post by: Isha Purohit in Income Tax Legal News
e-Advance Rulings (Amendment) Scheme, 2023 The Central Board of Direct Taxes (CBDT) has amended the e-advance rulings scheme, 2022, vide notification no. S.O. 2569(E) issued on 12th June 2023. These amendments, known as the e-Advance Rulings (Amendment) Scheme 2023, have…
Post by: poonamgandhi in Income Tax Legal News
E-Advance Rulings Scheme, 2022 Advance rulings provide upfront clarity to the specified taxpayers as well as non-residents about the taxability/ non-taxability of transactions in India under the Income Tax laws. E-Advance rulings scheme, 2022 is introduced, vide notification dated 18th…
Post by: IndiaFilings in Compliance Income Tax
Advance Ruling under Income Tax An advance ruling refers to the facility of obtaining a judgment in advance from the Authority for Advance Rulings. The facility is used when the assessee has anticipated contentious issues in the Income Tax assessment.…
