Section 245RR of Income Tax Act "Appellate authority not to proceed in certain cases"
245RR. No income-tax authority or the Appellate Tribunal shall proceed to decide any issue in respect to which an application has been made by an applicant, being a resident, under sub-section (1) of section 245Q.
245S. (1) The advance ruling pronounced by the Authority
under section 245R shall be binding only-
(a) on the applicant who had sought it;
(b) in respect of the transaction in relation to which
the ruling had been sought; and
(c) on the Principal Commissioner or Commissioner, and the
income-tax authorities subordinate to him, in respect of the
applicant and the said transaction.
(2) The advance ruling referred to in sub-section (1) shall
be binding as aforesaid unless there is a change in law or
facts on the basis of which the advance ruling has been
pronounced.
245T. (1) Where the Authority finds, on a representation
made to it by the Principal Commissioner or Commissioner or
otherwise, that an advance ruling pronounced by it under
sub-section (6) of section 245R has been obtained by the
applicant by fraud or misrepresentation of facts, it may, by
order, declare such ruling to be void ab initio and
thereupon all the provisions of this Act shall apply (after
excluding the period beginning with the date of such advance
ruling and ending with the date of order under this
sub-section) to the applicant as if such advance ruling had
never been made.
(2) A copy of the order made under sub-section (1) shall be
sent to the applicant and the Principal Commissioner or
Commissioner.