TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Act 2021: Applicants Can Withdraw Transferred AAR Applications by October 31, 2024, u/s 245Q Amendments.</h1> The Finance Act, 2021, ceased the operation of the Authority for Advance Rulings (AAR) as of September 1, 2021, transitioning responsibilities to the Board for Advance Rulings (BAR). With the transfer of pending applications from AAR to BAR, applicants have expressed concerns over delays and wish to withdraw their applications. In response, amendments to section 245Q propose allowing withdrawals of transferred applications by October 31, 2024, if no order under section 245R(2) has been passed. The BAR may reject withdrawal requests by December 31, 2024. These changes are effective from October 1, 2024.
TaxTMI 
TaxTMI 