Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Advance Ruling Under Section 103 Only Binds Applicant and Local Tax Authority, Not Others in Similar Situations.</h1> An advance ruling, as per Section 103, is binding solely on the applicant who requested it and the jurisdictional tax authority of that applicant. It pertains to matters specified in Section 97(2). This means the ruling does not extend to other taxable persons in similar situations within the state; it is exclusively applicable to the individual or entity that sought the ruling.