The application for obtaining an advance ruling as per section 245Q (2) shall be made in ______ and it should be accompanied by a fee of ______ or such fees as may be prescribed stating the question on which the advance

CS Executive · Tax Laws and Practice · PYQS · December 2020
The application for obtaining an advance ruling as per section 245Q (2) shall be made in ______ and it should be accompanied by a fee of ______ or such fees as may be prescribed stating the question on which the advance ruling is sought.
(A) Triplicate, ₹10,000
(B) Triplicate, ₹20,000
(C) Quadruplicate, ₹10,000
(D) Quadruplicate, ₹20,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Advance Rulings

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