TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Advance Rulings Under Section 245N: Tax Clarity for Residents and Non-Residents on Transactions Over 100 Crore</h1> Advance rulings under Section 245N of the Income Tax Act involve determinations by the Authority for Advance Rulings (AAR) regarding transactions undertaken or proposed by non-residents, residents with non-residents, or residents themselves. These rulings address questions of law or fact related to tax liabilities. The Finance Act, 2014, and subsequent notifications allow residents to seek advance rulings for transactions exceeding 100 crore. The AAR's scope expanded in 2017 to include applicants under customs, central excise, and service tax laws, though these provisions were later amended. Advance rulings are binding on specified parties and can be sought by non-residents, residents, and public sector companies.
TaxTMI 
TaxTMI 
