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<h1>Advance Rulings Bind Only Applicants and Their Tax Authorities, Not Others, Under Section 102.</h1> An advance ruling pronounced by the Authority for Advance Rulings (AAR) or the Appellate Authority for Advance Rulings (AAAR) is binding solely on the applicant and the jurisdictional tax authority of the applicant. It does not extend its applicability to other taxable persons in similar situations within the state. This limitation ensures that the ruling is specific to the individual or entity that requested it, as outlined in Section 102 of the applicable legislation.