Whether a Government company can apply for a advance ruling ? if yes, whether subsidiary of a government company will be treated as a government company who can apply for a advance ruling ?

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..... apply for a advance ruling. In case of a subsidiary of government company, he is also allowed to apply for a advance ruling. In the case of GSPL India Transco Ltd. [ 2012 (8) TMI 753 - Gujarat High Court ], it was held that i n the affidavit in reply it is not disputed by the respondents that the petitioners are Government Companies. However, from the statutory illustration and section 4(1)(c) rea .....

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..... ernment Company are covered within the definition of the applicant in terms of section 96A(b) of the Finance Act. The applications filed by the petitioners before the AAR under section 96C were maintainable. - FAQ - Frequently Asked Questions, TMI Short Notes , Experts comment, opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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