Central Board of Direct Taxes (CBDT) vide Notification No. 38/2023 dated 12th June, 2023 amends the e-Advance Rulings Scheme, 2022(Scheme), substitutes clause (iv) in Para 6(C) of the Scheme with new clause (iv) and inserts clause (v) in Para 6(C) of the Scheme. This amendment provides that in case of a difference of opinion among the Members of a Board for Advance Rulings (Board) on any point or points, the Board shall refer the matter to PCCIT (International Taxation). PCCIT will then nominate one Member from another Board, and the decision on the disputed point(s) will be made based on the majority opinion of the Members.
For details, please refer the CBDT Notification No. 38/2023 dated 12.06.2023:
https://egazette.gov.in/WriteReadData/2023/246456.pdf
PDF version is attached: https://www.dpncindia.com/blog/wp-content/uploads/2023/06/CBDT-Incorporates-Majority-Rule-to-Address-Split-in-Advance-Rulings.pdff
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