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of <h1>Form for Advance Ruling: Section 245Q(1) Income-tax Act Applicants Must Provide Transaction Details and Legal Questions</h1> The document is a form for resident applicants seeking an advance ruling under section 245Q(1) of the Income-tax Act, 1961. It requires applicants to provide personal and transaction details, including name, address, contact information, tax identification numbers, and the nature of the transaction. Applicants must specify the legal or factual questions for which they seek a ruling and provide relevant facts, legal interpretations, and any existing court decisions related to the matter. The form must be signed, verified, and accompanied by proof of fee payment. It includes detailed instructions on completing the form and submitting supporting documents.
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