The CBDT vide Notification No. 49/2022 dated May 5, 2022 has issued the Income-tax (Twelfth Amendment) Rules, 2022 to further amend Rule 44E of the Income-Tax Rules, 1962 (“the IT Rules”) w.r.t. application for obtaining an advance ruling under Section 245Q(1) of the Income-tax Act, 1961 (“the IT Act”) in a following manner:
- Omitted the requirement of filing the application in quadruplicate under Rule 44E(1) of the IT Rules, for obtaining an advance ruling.
- Substituted Rule 44E(2) of the IT Rules to notify the procedure of verification of the annexures and the statements and documents accompanying the annexures in the application for obtaining an advance ruling.
- Substituted FORM No. 34C for application by a non-resident applicant for obtaining an advance ruling.
- Substituted FORM No. 34D for application by a non-resident applicant for obtaining an advance ruling.
- Substituted FORM No. 34DA for application by a non-resident applicant for obtaining an advance ruling.
- Substituted FORM No. 34E for application by a person falling within a certain class or category of persons as notified by the Central Government, for obtaining an advance ruling.
- Substituted FORM No. 34EA for application for obtaining an advance ruling.
The Notification can be accessed at: https://egazette.nic.in/WriteReadData/2022/235571.pdf
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