Definition of applicant expanded to include joint ventures and wholly owned subsidiaries for advance ruling eligibility. The amendment redefines 'applicant' in section 23A to include non-residents and residents forming joint ventures in India and wholly owned Indian subsidiaries of foreign companies seeking to undertake business and apply for an advance ruling, and it cross references tax law meanings for 'non resident', 'Indian company' and 'foreign company'.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Definition of applicant expanded to include joint ventures and wholly owned subsidiaries for advance ruling eligibility.
The amendment redefines "applicant" in section 23A to include non-residents and residents forming joint ventures in India and wholly owned Indian subsidiaries of foreign companies seeking to undertake business and apply for an advance ruling, and it cross references tax law meanings for "non resident", "Indian company" and "foreign company".
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