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Date: 12-Jun-2023 Category: Extra Ordinary State: Union Government Country: India

notification no. 38 of 2023

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • The notification introduces the e-Advance Rulings (Amendment) Scheme, 2023, which amends the e-Advance Rulings Scheme, 2022. The amendment pertains to the procedure followed by the Board for Advance Rulings (BAR) in pronouncing advance rulings, particularly when members of the Board have differing opinions.

Key Changes

  • The e-Advance Rulings (Amendment) Scheme, 2023 comes into effect on the date of its publication in the Official Gazette, which is June 12, 2023.
  • The amendment modifies paragraph 6, sub-paragraph (C) of the e-Advance Rulings Scheme, 2022, specifically clause (iv).
  • The Board for Advance Rulings (BAR) is mandated to provide an opportunity for a hearing to the applicant through video conferencing or video telephony under sub-section (5) of section 245R of the Income-tax Act, 1961, if requested by the applicant.
  • In cases where members of the Board for Advance Rulings have differing opinions on any point, the matter will be referred to the Principal Chief Commissioner of Income-tax (International Taxation).
  • The Principal Chief Commissioner of Income-tax (International Taxation) will nominate a member from another Board for Advance Rulings to resolve the difference in opinion.
  • The point(s) of disagreement will be decided according to the opinion of the majority of the members.

Impact Analysis

Taxpayers/Applicants seeking Advance Rulings

  • Action Item: Taxpayers should be aware of their right to request video conferencing/telephony hearings and understand the process for resolution of differing opinions within the BAR.

Board for Advance Rulings

  • Action Item: The Board should update its internal procedures to reflect the new amendment and ensure members are trained on the revised process.

Principal Chief Commissioner of Income-tax (International Taxation)

  • Action Item: The Principal Chief Commissioner of Income-tax (International Taxation) needs to establish a process for identifying and nominating appropriate members from other Boards.

Tax Authorities

  • Action Item: Tax authorities should be aware of the changes and their implications for the advance ruling process.

Key Entities Referenced

Central Government: The issuer of the notification, exercising powers conferred by section 245R of the Income-tax Act, 1961. Board for Advance Rulings (BAR): The entity responsible for providing advance rulings on questions specified in applications. Principal Chief Commissioner of Income-tax (International Taxation): The authority responsible for nominating a member from another Board for Advance Rulings in case of differing opinions. Income-tax Act, 1961: The primary legislation governing income tax in India. Section 245R provides the power to the Central Government to make amendments to the e-advance rulings Scheme. e-Advance Rulings Scheme, 2022: The original scheme that is being amended by this notification. It was initially published vide notification number S.O. 248(E), dated the 18th January, 2022. e-Advance Rulings (Amendment) Scheme, 2023: The amendment scheme introduced by this notification.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12062023-246456 xxxGIDHxxx CG-DL-E-12062023-246456 xxxGIDExxx ऄसाधारण EXTRAORDINARY भाग II—खण् ड 3—ईप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 2456] नइ ददल्ली, सोमिार, िनू 12, 2023/ज्य ष्े ठ 22, 1945 No. 2456] NEW DELHI, MONDAY, JUNE 12, 2023/JYAISHTHA 22, 1945 जित्त मत्रं ालय (रािस्ट् ि जिभाग) (केन्‍द रीय प्रत् यक्ष कर बोडड) ऄजधसचू ना नइ ददल्ली, 12 िून, 2023 (अय-कर) का.अ. 2569(ऄ).—केन्‍द रीय सरकार, अय-कर ऄजधजनयम 1961 (1961 का 43) की धारा 45द द्वारा प्रदत् त िज‍त यों का प्रयोग करते हुए, इ-ऄजिम जिजनणडय स्ट्कीम म ें जनम्नजलजखत सिं ोधन करती ह,ै ऄथाडत् :- 1. संजक्षप्त नाम और प्रारंभ – (1) आस स्ट्कीम का संजक्षप् त नाम इ- ऄजिम जिजनणडय (संिोधन) स्ट्कीम 2003 ह।ै (2) ये रािपत्र म ें आसके प्रकािन की तारीख स े प्रिृत् त होंगी। 2. इ- ऄजिम जिजनणयड स्ट्कीम, 2022 के परै ा 6 के ईपपरै ा (ग) म,ें खडं (iv) के स्ट्थान पर , जनम्नजलजखत खडं रख े िाएंग,े ऄथातड :्- "(iv) ऄजिम जिजनणडय बोड,ड खंड (iii) म ें यथाजनर्ददष्ट ईत्तर पर जिचार करने के पश्चात,् और अिेदक के जनिेदन पर ऄजधजनयम की धारा 245द की ईपधारा(5) के ऄधीन (िीजडयों कान्‍दरेंससग या िीजडयों टेजलफोनी के माध्यम स)े सुनिाइ का ऄिसर ददए िान े के पश्चात,् खंड (v) के ईपबधं ों के ऄधीन रहत े हुए, यदद लाग ू हों, अिेदन म ें जिजनर्ददष्ट प्रश्न पर ऄजिम जिजनणडय की घोषणा करेगा तथा ईसकी एक प्रजत अिेदक को और प्राजधकारी को दगे ा जिस े जनदेि दकया गया ह ै। 3684 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] (v) यदद ऄजिम जिजनणडय बोडड के सदस्ट्य दकसी जबन्‍दद ु या दकन्‍दहीं जबन्‍ददओंु पर जभन्न राय रखते ह,ैं तो ऄजिम जिजनणडय बोडड प्रधान मख्ु य अयुक्त अय-कर (ऄंतराष्ट्रीय कराधान) को जनर्ददष्ट करेगा, िो दकसी ऄन्‍दय ऄजिम जिजनणडय बोडड के एक सदस्ट्य को नाजमत करेगा तथा ऐसा जबन्‍दद ु या ऐसे जबन्‍दद ु सदस्ट्यों के बहुमत की राय के ऄनुसार जिजनजश्चत दकए िाएंग।े " [फा. सं. 38/2023 फा.स.ं370142/62/2021-टीपीएल(पाट-ड III)] प्रज्ञा पारजमता, जनदेिक टटप्पणः- मूल स्ट्कीम, भारत के रािपत्र, ऄसाधारण, भाग 2, खंड 3, ईपखंड (ii) म ें ऄजधसचू ना संख्यांक का.अ. 248(ऄ) तारीख 18 िनिरी, 2022 द्वारा प्रकाजित की गइ । MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th June, 2023 (Income-Tax) S.O. 2569(E).—In exercise of the powers conferred by sub-sections (9) and (10) of section 245R of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the e- advance rulings Scheme, 2022, namely: 1. Short title and commencement.―(1) This Scheme may be called the e-advance rulings (Amendment) Scheme, 2023. (2) It shall come into force on the date of its publication in the Official Gazette. 2. In the e-advance rulings Scheme, 2022, in paragraph 6, in sub-paragraph (C), for clause (iv), the following clauses shall be substituted, namely:–– “(iv) the Board for Advance Rulings shall, after considering the response as referred to in clause (iii), and after providing an opportunity of being heard (through video conferencing or video telephony) under sub- section (5) of section 245R of the Act on the request of the applicant, subject to the provisions of clause (v), if applicable, pronounce the advance ruling on the question specified in the application and send a copy thereof to the applicant and the authority to whom the reference has been made; (v) if the Members of a Board for Advance Rulings differ in opinion on any point or points, the Board for Advance Rulings shall refer such point or points to the Principal Chief Commissioner of Income-tax (International Taxation), who shall nominate one Member from any other Board for Advance Rulings and such point or points shall be decided according to the opinion of the majority of the Members.”. [F. No. 38/2023 F.No. 370142/62/2021-TPL(Part-III)] PRAJNA PARAMITA, Director Note: The principal Scheme was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii) vide notification number S.O. 248(E), dated the 18th January, 2022. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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