Income Tax Act · 2024 Revised Edition · Part · Administration
5B. Rulings
Official textFrom Attorney General's Chambers, unchanged
The Collector may at any time make a ruling on the application of any provisions of this Act in relation to any person or any type of arrangement.
Collector
“Collector” means the Collector of Income Tax appointed under section 3 and includes for all purposes of this Act, except the powers conferred on the Collector by sections 76, 79, 80 and 83, a Deputy Collector so appointed;
The rulings made under subsection (1) shall be binding.
The Collector may withdraw, either whole or partly any ruling made under this section.
Notwithstanding any other provision of this Act, where the ruling in subsection (1) applies to any person in relation to an arrangement and the person applies the provision in the manner stated in the ruling, the
Collector shall apply the provision in relation to the person and the arrangement in accordance with the ruling.
arrangement
“arrangement” means an avoidance of double taxation convention or tax information exchange agreement having effect under section 41;
Terms defined in this Act
arrangement
Defined · s 86A“arrangement” means an avoidance of double taxation convention or tax information exchange agreement having effect under section 41;
Collector
Defined · s 2“Collector” means the Collector of Income Tax appointed under section 3 and includes for all purposes of this Act, except the powers conferred on the Collector by sections 76, 79, 80 and 83, a Deputy Collector so appointed;
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Ascertainment of Chargeable Income and Personal Reliefs
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Returns
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Assessments
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Reviews and Appeals
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Collection, Recovery and Repayment of Tax
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