Finance Ministry launched e-advance ruling scheme, applications can be filled through e-mail, know what will be the benefit to taxpayers?
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E-Advance Ruling Scheme: Advance Ruling Board has started functioning in Delhi and Mumbai. These boards have started working through e-mail based procedures and conducting hearings through video conference.
The Income Tax Department said on Saturday that Advance Ruling Boards have been started in Delhi and Mumbai. These boards will work through email-based procedures and hold hearings through video conferences.
The Central Board of Direct Taxes (CBDT) constituted three boards in September 2021 to take an advance decision. Simultaneously, the scheme of e-Advance Ruling was launched to make the entire process of Advance Ruling more efficient, transparent and accountable with minimum physical intervention.
The CBDT said in a statement that the Advance Ruling Board has started functioning in Delhi and Mumbai. These boards have started working through e-mail based procedures and conducting hearings through video conference.
Cases will be heard through video conferencing According to the notification issued by the Central Board of Direct Taxes (CBDT) for the ‘e-advance ruling scheme’, cases will be heard through video conferencing / video telephony before the Board for Advance Rulings. Where the taxpayers will get a fair opportunity of being heard.
Information will be given on the registered email address.
It has also been mentioned that all communication between the taxpayers/income tax authorities and the Board of Advance Rulings should be in electronic mode. Every notice or order or any other electronic communication from the Board of Advance Rulings under this Scheme shall be delivered to the applicant by sending an e-mail to the registered email address of the applicant or his authorized representative.
It also states that the applicant or the authorized representative shall file his reply to the Board of Advance Rulings through his registered email address to any notice or order or any other electronic communication under this scheme.
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