2004 (5) TMI 55

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.... Mr. G.V. Gopala Rao, Addl. CIT, Range-II, Bangalore  Present for the Applicant  Mr. Cherian K. Baby, C.A.  RULING (By Mr. K.D. Singh) - The applicant M/s Connecteurs Cinch, S.A., a non-resident company in France has a wholly owned Indian subsidiary - M/s Cinch Connecteurs ( India ) Pvt. Ltd. having its factory at Wihitefield Industrial Area, Bangalore . The Indian com....

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.... 4. As per section 245N(a)(i) of the Act an advance ruling means a determination by the Authority in relation to a transaction undertaken or proposed to be undertaken by a non-resident applicant . In the instant case the applicant is neither a non-resident nor does the transaction relate to taxability of the applicant as a transaction by a non-resident. Therefore, the question seeking advance rul....