Amendment of section 245R.

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....ons of this section shall have effect as if for the word "Authority", the words "Board for Advance Rulings" had been substituted and the provisions of this section shall apply mutatis mutandis to the Board for Advance Rulings as they apply to the Authority. (9) The Central Government may, by notification in the Official Gazette, make a scheme for the purposes of giving advance rulings und....

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.... Provided that no such direction shall be issued after the 31st day of March, 2023. (11) Every notification issued under sub-section (9) and sub-section (10) shall, as soon as may be after the notification is issued, be laid before each House of Parliament.'. - Clause 72 of the Bill seeks to amend section 245R of the Income-tax Act relating to procedure on receipt of application. ....

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....d the applicant in the course of proceedings to the extent technologically feasible; optimising utilisation of the resources through economies of scale and functional specialisation; introducing a system with dynamic jurisdiction. It also provides that the Central Government may, for the purposes of giving effect to the said scheme, by notification in the Official Gazette, direct that any of the p....