What is Board for Advance Rulings?
​The Finance Act, 2021 has inserted a new section section 245-OB to empower the Central Government to constitute one or more Board for Advance Rulings for giving advance rulings on and after the notified date. Every such Board shall consist of two members, each being an officer not below the rank of Chief Commissioner.

The CBDT vide, notification S.O. 3561(E), dated 01-09-2021 notified constitution of Boards for Advance Ruling in Delhi and Mumbai. ​