Law and Procedure an e-book | ||
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Income Tax - Frequently Asked Questions (FAQs) |
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FAQs on Authority for Advance Ruling/Board for Advance Rulings |
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What is the purpose of Advance rulings? |
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Ans. The purpose of Advance rulings is to provide clarity on important issues to taxpayers, so that they have a clear-cut idea of their tax liability in advance for a given set of transactions. |
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