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Authority for Advance Rulings (Procedure for Appointment as Chairman and Vice-Chairman) (Amendment) Rules 2016

Authority for Advance Rulings (Procedure for Appointment as Chairman and Vice-Chairman) (Amendment) Rules, 2016 - Income Tax - F. No. Q-23016/6/2015-Ad.IC(AAR) - Dated:- 24-10-2016 - MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 24th October, 2016 G.S.R. 1001(E).-In exercise of the powers conferred by Section 245-O, read with sub-section (1) and clause (p) of sub-section 2 of Section 295 of the Income-tax Act, 1961 (43 of 1961), the Board hereby makes the following rule .....

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2016, for rules 3 and 4, the following rules shall be substituted namely:- 3. Selection Committee.- (1) The Chairman and Vice-Chairman of the Authority shall be appointed by the Central Government from a panel of names recommended by a Selection Committee consisting of the following members, namely:- (a) The Chief Justice of India or a Judge of the Supreme Court as nominated by the Chief Justice of India as Chairman; (b) The Secretary to the Government of India in the Ministry of Finance, Depar .....

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hairman. (4) The Committee shall make its recommendations to the Central Government, within a period not exceeding one hundred and twenty days from the date of reference made to the Committee. 4. Manner of selection of panels of names for Chairman.- (1) Whenever any vacancy of Chairman exists or as and when such vacancy arises or is likely to arise, the Central Government may make a reference to the Committee in respect of such vacancy for recommendations of a panel of names. (2) The Committee s .....

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