Advance ruling eligibility: resident may seek ruling only where proposed or undertaken transactions meet statutory high-value threshold. A resident may apply to the Authority for Advance Ruling for a ruling on tax liability only where the transaction(s) undertaken or proposed amount to 100 crores or more, creating a monetary threshold for access to the advance-ruling mechanism.
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.
Advance ruling eligibility: resident may seek ruling only where proposed or undertaken transactions meet statutory high-value threshold.
A resident may apply to the Authority for Advance Ruling for a ruling on tax liability only where the transaction(s) undertaken or proposed amount to 100 crores or more, creating a monetary threshold for access to the advance-ruling mechanism.
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