Section-383: Application for advance ruling

Section-383 : Application for advance ruling

Section-383 provides for filing of application before the Board for Advance Ruling. Learn to understand the section-383 as it is, it's help and useful links to follow.

Here onwards, "Act" refers to "Income Tax Act 2025"

1. Section-383 as per act

An applicant desirous of obtaining an advance ruling under this Chapter, may make an application in such form and manner, as prescribed, stating the question on which the advance ruling is sought.
The application shall be made in quadruplicate and be accompanied by a fee of ten thousand rupees or such fee, as prescribed.
An applicant may withdraw an application within thirty days from the date of the application.