General Anti-Avoidance Rules

India and UK Experience
Op EdsOP. ED.

by Aastha Suman* and Ishaan Sharma**

Telangana High Court
Case BriefsHigh Courts

The Court stated that due to the non-obstante clause in Chapter X-A i.e., the General Anti-Avoidance Rules (‘GAAR’), its provisions get an overriding effect over and above the other existing provisions of law.

Legislation UpdatesNotifications

Order under Section 119 of the Income-Tax Act, 1961 Section 44 AB of the Income-Tax Act, 1961 (‘the Act’) read with Rule