https://www.taxtmi.com/acts?id=23507 Amendments restructure the advance rulings framework by redefining the Authority, omitting the prior provision for the erstwhile Authority, increasing the application fee, extending the time-limit for pronouncement of rulings to six months, and transferring pending applications to the Authority under the Income tax Act; additionally, access to the Settlement Commission is broadened and the Commission is empowered to amend its orders to rectify errors apparent on the face of the record. en-us Wed, 01 Feb 2017 17:25:28 +0530 Thu, 02 Feb 2017 10:25:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23507 Amendments restructure the advance rulings framework by redefining the Authority, omitting the prior provision for the erstwhile Authority, increasing the application fee, extending the time-limit for pronouncement of rulings to six months, and transferring pending applications to the Authority under the Income tax Act; additionally, access to the Settlement Commission is broadened and the Commission is empowered to amend its orders to rectify errors apparent on the face of the record. Act-Rules Bill Wed, 01 Feb 2017 17:25:28 +0530 https://www.taxtmi.com/acts?id=23507