Calcutta HC Directs Advance Ruling Board to Expedite Joint Venture Tax Ruling Ahead of Revised ITR Deadline

GKW Limited Vs Board for Advance Rulings & Ors (Calcutta High Court)

GKW Limited filed a writ petition before the Calcutta High Court challenging the non-consideration of its application submitted in Form  under Section 245Q of the Income Tax Act, 1961. The petitioner sought an advance ruling from the Board for Advance Rulings (BAR) regarding the taxability of certain transactions conducted in a joint venture with another entity. The application was filed on February 26, 2025, but remained pending at the time of filing the writ petition.

The petitioner’s counsel, Mr.

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