Authority for Advance Rulings.
245-O. (1) The Central
Government shall constitute an Authority for giving advance rulings, to be
known as Authority for Advance Rulings.
(2) The Authority shall
consist of the following Members appointed by the Central Government, namely :
(a) a Chairman, who is a retired Judge of the
Supreme Court;
(b) an officer of the Indian Revenue Service who
is qualified to be a member of the Central Board of Direct Taxes;
(c) an officer of the Indian Legal Service who is,
or is qualified to be, an Additional Secretary to the Government of India.
(3) The salaries and
allowances payable to, and the terms and conditions of service of, the Members
shall be such as may be prescribed.
(4) The Central Government
shall provide the Authority with such officers and staff as may be necessary
for the efficient exercise of the powers of the Authority under this Act.
(5) The office of the Authority
shall be located in Delhi.
