<h1>New Advance Rulings Boards in Delhi & Mumbai Boost Tax Transparency and Efficiency for Investors and Entities.</h1> The Central Board of Direct Taxes has operationalized three Boards for Advance Rulings in Delhi and Mumbai to enhance efficiency, transparency, and accountability in tax rulings. Established in September 2021, these Boards facilitate e-advance rulings, allowing non-resident investors and resident entities to ascertain tax liabilities before transactions, thereby reducing litigation. Public Sector Undertakings can also seek rulings on pending tax questions. A Handbook has been released to guide taxpayers on the procedure, underscoring the government's focus on dispute prevention and resolution. The Boards conduct hearings via email and video conferencing to streamline the process.