1. SC made it clear that AAR is an another Tribunal within the constitution of India even through ruling u/s 245S binding on the applicant and tax authorities. Binding nature cannot take away the rights to file an appeal in Court.
2. Hence ruling of AAR can be challenged in HC.
3. Refer Case law Uae Exchange Centre Limited vs Union Of India And Another dated 13.02.2009.
Please correct me if the above solution has an alternative view.
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