- An applicant desirous of obtaining an advance ruling under this Chapter may make an application in such form and in such manner as may be prescribed, stating the question on which the advance ruling is sought.

(2)

The question on which the advance ruling is sought shall be in respect of, -

(3)

[ The application shall be made in quadruplicate and be accompanied by a fee of [ten thousand rupees] [Chapter V-B inserted by Act 27 of 1999, Section 103 (w.e.f. 11.5.1999). ].

(4)

An applicant may withdraw his application within thirty days from the date of the application.

(5)

[ The applicant may be represented by any person resident in India who is authorised in this behalf.

Explanation.—For the purposes of this sub-section "resident " shall have the same meaning as assigned to it in clause (42) of section 2 of the Income-tax Act, 1961 (43 of 1961).] [Inserted by Finance Act, 2018 (Act No. 13 of 2018), dated 29.3.2018.]