This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Pendency, before a statutory forum, of a similar matter in respect to transaction with a different party is no bar to seek advance ruling
Case Law Details
- Case Name
- In Re. LS Cable Ltd. (AAR Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- AAR Delhi, Advance Rulings
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Court :Authority for Advanced Ruling
Citation: Advanced Ruling (AAR), in the case of LS Cable Ltd. (AAR No. 858- 861 of 2009)
Brief: Recently, the Authority for Advanced Ruling held that pendency of a similar matter of the applicant in respect to transaction with a different party, before a statutory forum, is no bar to seek advance ruling in respect of another transaction.
Background- As per clause (i) of proviso to Section 245R of the Income-tax Act, 1961 (the Act), the AAR shall not allow an application, where the question raised in the application is already pending befor...
Is security transaction tax can be claim as deduction from income for a individual not doing shares sale purchse business
IF an indivisual are not tax payer then can he claim for STT refund? and It is necessary to file income tax return? If he claim for refund then what the process??