Section 383 is the substantive equivalent of 1961 s. 245 Q -- the provision dealing with application for advance ruling within the appellate / revisions / alternate dispute resolution framework under Chapter XVIII. Critical procedural /…
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ITA 2025 · Section 383
Section 383 — - APPLICATION FOR ADVANCE RULING
Section 383 is the substantive equivalent of 1961 s. 245Q -- the provision dealing with application for advance ruling within the appellate / revisions / alternate dispute resolution framework under Chapter XVIII. Critical procedural / definitional anchor for assessees navigating the multi-tier dispute resolution architecture. The 2025 Act preserves substantive 1961 framework with FA 2021 ADR enhancements (DRC + Board for Advance Rulings replacing erstwhile Authority for Advance Rulings).
STATUTORY ARCHITECTURE: Application for advance ruling is integral to the appellate / revisions / ADR framework under Chapter XVIII. The provision establishes legal basis for application for advance ruling -- providing procedural mechanics / authority structure / appellate rights / time-frames. Practitioner: identify correct provision for fact pattern; preserve appellate / writ rights; ensure compliance with procedural requirements. POST-FA 2021: Settlement Commission abolished; replaced by DRC for small taxpayers and Board for Advance Rulings (BAR) for prospective certainty cases. Faceless framework integration post FA 2020-2022 has substantially digitised the entire dispute-resolution architecture. AAR (Authority for Advance Rulings) replaced by BAR -- focuses on cross-border / TP / NR matters.
PRACTITIONER NOTES
(i) Procedural compliance critical; failure can render appellate / revision rights forfeited. (ii) Time-windows generally strict; condonation requires reasonable cause. (iii) Faceless framework integration post FA 2020 -- digital communications dominant. (iv) BAR for advance rulings -- prospective certainty for cross-border / complex matters; alternative to facing AO scrutiny.
CROSS-REFERENCES