Section 381 — Board for Advance Rulings
Old Act equivalent: Section 245-O of IT Act 1961 Sub-part: D.2—Advance rulings
Statutory Text
- (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. (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.
Vacancies, etc., not to invalidate proceedings.
Provisos
None.
Explanations
None.
Tables
None.
Key Structure
- Applies to: Constitution of the Board for Advance Rulings.
- Conditions: Central Government constitutes one or more Boards; each Board has 2 members, each not below rank of Chief Commissioner, nominated by CBDT.
- Time limits: Appointed from date notified by Central Government.
- Monetary limits: None.
- Exceptions: None.
Cross-References
None identified.
Amendment Notes
None noted from the extracted pages.