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Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on Authority for Advance Ruling/Board for Advance Rulings This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Authority for Advance Ruling/Board for Advance Rulings

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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