Non-proceeding rule for advance ruling: tax authorities must not decide issues where notified-class applicants have sought rulings. No income-tax authority, nor the Appellate Tribunal, shall proceed to decide any issue in respect of which an application has been made by a person ... Summary
Non-proceeding rule for advance ruling: tax authorities must not decide issues where notified-class applicants have sought rulings.
No income-tax authority, nor the Appellate Tribunal, shall proceed to decide any issue in respect of which an application has been made by a person falling within the class of persons notified under section 250, creating a jurisdictional bar to parallel determination by those authorities when a qualifying advance-ruling application is pending.
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