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 Ruling Applicants: Non-Residents, Specified Residents, and Joint Ventures Defined Under Sections 245Q and 96C.</h1> In the context of the Income Tax Act 1961, an 'applicant' for advance ruling is defined as a non-resident, certain specified residents, or those notified by the Central Government, applying under section 245Q. Similarly, under the Finance Act 1994, an 'applicant' includes non-residents or residents setting up joint ventures, wholly-owned subsidiaries of foreign companies, or specified residents, applying for advance ruling under section 96C. A joint venture in India is defined as a contractual arrangement involving economic activity under joint control with non-resident participants holding substantial interest.
TaxTMI 
TaxTMI 
