Exclusion of limitation periods for pending advance ruling applications until rejection or receipt of the ruling by the tax officer. Amendment expands the explanatory provision to exclude from limitation the periods relating to applications to the Authority for Advance Rulings: (i) from ... Summary
Exclusion of limitation periods for pending advance ruling applications until rejection or receipt of the ruling by the tax officer.
Amendment expands the explanatory provision to exclude from limitation the periods relating to applications to the Authority for Advance Rulings: (i) from application filing until the Commissioner receives the order rejecting the application, and (ii) from application filing until the Commissioner receives the advance ruling pronounced by the Authority; and it adjusts an existing clause to connect to these new exclusions.
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