Income Tax Law
Act 2025/ Part B/ § 387
Income-tax Act, 2025 · Part B — Special provisions for avoiding repetitive appeals

Section 387Powers of the Board for Advance Rulings

Income-tax Act, 2025 (30 of 2025)
(1)
The Board for Advance Rulings shall, for the purpose of exercising its powers, have all the powers of a civil court under the Code of Civil Procedure, 1908 (5 of 1908) as are referred to in section 246 of this Act.
(2)
The Board for Advance Rulings shall be deemed to be a civil court for the purposes of section 215 but not for the purposes of Chapter XXVIII of the Bharatiya Nagarik Suraksha Sanhita, 2023 (46 of 2023) and every proceeding before the Board for Advance Rulings shall be deemed to be a judicial proceeding under sections 229 and 267 and for the purposes of section 233 of the Bharatiya Nyaya Sanhita, 2023 (45 of 2023).
This section refers to
§ 215 Capital gains on transfer of foreign exchange assets not to be charged in certain cases
§ 233 Amalgamation and demerger
§ 246 Power regarding discovery, production of evidence, etc
§ 229 Depreciation and gains relating to tonnage tax assets
Referenced by