Income Tax 2025 - Forms - Frequently Asked Questions [FAQs]

  • What is Form 120?
  • Who should file Form 120 and what are the fees?
  • What is the time limit for filing Form 120?
  • Can Form 120 be filed after filing an appeal against an IT order?
  • What is the binding effect of an advance ruling?
  • Can an advance ruling be appealed?
  • Can an advance ruling be declared void?
  • What questions can be asked in an advance ruling application?
  • Under what conditions can an application be summarily rejected?
  • Can Public Sector Companies seek advance rulings despite pending proceedings?




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