Ruling

Tax Glossary Definition

Ruling

A ruling is an official interpretation or determination made by tax authorities explaining how specific provisions of tax law apply to a particular set of facts or proposed transactions. Such guidance can be issued either during a tax audit or upon a taxpayer’s request for clarification about the tax consequences of a future activity.

Example: Before completing a cross-border merger, a company might seek an advance ruling from the tax authority to verify whether the planned transaction meets the criteria for certain tax exemptions or reliefs.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App