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Income-tax (12th Amendment) Rules, 2014.
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....e called the Income-tax (12th Amendment) Rules, 2014. (2) They shall come into force on the date of its publication in the Official Gazette. 2. In the Income-tax Rules, 1962 (hereinafter referred to as the said rules), in rule 44E,- (A) in the marginal heading, for the words "Form of application for obtaining an advance ruling" the words "Application for obtaining an advance ruling" shall be substituted; (B) for sub-rule (1), the following sub-rule shall be substituted, namely:- "(1) An application for obtaining an advance ruling under sub-section (1) of section 245Q shall be made in quadruplicate,- (a) in Form No. 34C in respect of a non-resident applicant referred to in sub-clause (i) of clause (....
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.... Amount of one or more transaction, entered into or proposed to be undertaken, in respect of which ruling is sought does not exceed Rs. 100 crore. Rs. 2 lacs Amount of one or more transaction, entered into or proposed to be undertaken, in respect of which ruling is sought exceeds Rs. 100 crore but does not exceed Rs. 300 crore. Rs. 5 lacs Amount of one or more transaction, entered into or proposed to be undertaken, in respect of which ruling is sought exceeds Rs. 300 crore. Rs. 10 lacs Any other applicant In all cases Rs. 10000" 3. In the said rules, in Appendix-II, after FORM 34D, the following FORM 34DA shall be inserted, namely:- "FORM NO. 34DA [See rule 44E] Form of application by a residen....
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....__________________________ do hereby solemnly declare that to the best of my knowledge and belief what is stated above and in the annexure(s), including the documents accompanying such annexure(s), is correct and complete. I further declare that I am making this application in my capacity as _________________________ (designation) and that I am competent to make this application and verify it. I also declare that the question(s) on which the advance ruling is sought is/are not pending in my case before any Income-tax authority, the Appellate Tribunal or any Court. Verified today the ______________ day of__________________ Place _______________ --------------------------- Signed (Applicant) Notes.- 1. The application sha....