Procedure on receipt of application.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e earliest opportunity. (2) The Board for Advance Rulings may, after examining the application and the records called for either allow or reject the application by an order. (3) For the purposes of sub-section (2), an application shall be rejected if the question raised therein- (a) is already pending before any income-tax authority or Appellate Tribunal except in the case of a resi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s shall, after examining such further material as may be placed before it by the applicant or obtained by the Board for Advance Rulings, pronounce its advance ruling in writing, on the question specified in the application within six months of the receipt of application. (7) On a request from the applicant, the Board for Advance Rulings shall, before pronouncing its advance ruling, provide an o....