S.O. 473(E) — Following class of persons as applicants specified under section 245N

What this is

S.O. 473(E) was published on 21 June 1999. Its subject is Following class of persons as applicants specified under section 245N.

This notifies a named person, body, fund or instrument for the purpose of a provision. Nothing in it changes the provision itself.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.245N	s.380

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

In exercise of the powers conferred by sub-clause (ii) of clause (b) of section 245N of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies following class of persons as applicants for the purpose of Chapter XIX-B of the Income tax Act, namely :---

(a) public sector company as defined in clause (36A) of section 2 of the Income-tax Act ; and

(b) person seeking advance ruling in relation to the tax liability of a non-resident arising out of a transaction undertaken or proposed to be undertaken by him with a non-resident.

2. It shall come into force on the date of its publication in the Official Gazette.

[Notification No. 10965/F. No. 153/85/98-TPL]

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 725(E) — Public sector company as defined in clause (36A) of section 2 of the Income-tax Act being such class of persons specifie 3 August 2000
Notification No. 10965 — Following class of persons as applicants specified under section 2 21 June 1999

← Notification No. 10965 · Notification No. 10964 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.