Income Tax Act 2025: Section 381 for Tax Year 2025-26

Board for Advance Rulings Section 381(1) of Income Tax Act 2025 1) The Central Government shall constitute one or more Boards for Advance Rulings, as may be necessary, for giving advance rulings under this Chapter on or after such date as the Central Government may, by notification, appoint. Section 381(2) of Income Tax Act 2025…

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Board for Advance Rulings

Section 381(1) of Income Tax Act 2025

1) The Central Government shall constitute one or more Boards for Advance Rulings, as may be necessary, for giving advance rulings under this Chapter on or after such date as the Central Government may, by notification, appoint.

Section 381(2) of Income Tax Act 2025

(2) The Board for Advance Rulings shall consist of two members, each being an officer not below the rank of Chief Commissioner, as may be nominated by the Board


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