Sec 245N(a)(iv)

Ritik Chopra (student) (8128 Points)

05 May 2021  

As per section 245N(a)(iv), advance ruling means determination or decision by the Authority for Advance Rulings (AAR) whether an arrangement, which is proposed to be undertaken by a person is an impermissible avoidance arrangement as referred to in Chapter X-A or not. For making an application in this regard, the applicant has to be a resident or non resident?