The reason for such a stand by the tax department is a change in numbering of the relevant section of the I-T Act, by the Finance Act, 2017. Yet another challenge from the I-T department is that the applicant seeking an advance ruling can do so only for a single transaction and not multiple transactions.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2VFvRHY
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