Advance Ruling Application Process Outlined: Submit in Quadruplicate with Fee, Option to Withdraw Within 30 Days
An applicant seeking an advance ruling under the Income Tax Bill, 2025, must submit an application in the prescribed form and manner, clearly stating the question for which the ruling is sought. The application should be made in quadruplicate and accompanied by a fee of ten thousand rupees or another prescribed amount. Applicants have the option to withdraw their application within thirty days from the date of submission.