General Anti-Avoidance Rules

GAAR to be implemented from April 2017

GAAR to be implemented from April 2017. Watch this special segment and get to know more here.

Jan 27, 2017, 23:21 PM IST

GAAR from April 1, 2017; to be invoked in fair, rational manner: CBDT

GAAR, it said, will come into force from April 1 and can be invoked only through a two-stage process involving a nod at the level of principal commissioner of income tax and a panel headed by a high court judge.

Jan 27, 2017, 19:31 PM IST

GAAR to be effective from April 1, 2017: CBDT

Addressing investors' concerns ahead of GAAR implementation from April 1, the tax department today said it will not interplay with their right to choose a method of transaction and won't apply if routing of funds through a jurisdiction is "based on non-tax commercial considerations".

Jan 27, 2017, 18:13 PM IST

P-note maturities should be exempt from GAAR: Assocham

The General Anti-Avoidance Rules (GAAR) should not apply to a foreign portfolio investor (FPI) on redemption and maturity of participatory notes, industry body Assocham said Wednesday.

Jul 13, 2016, 17:35 PM IST

Shome welcomes deferment of GAAR in Budget

Parthasarathi Shome, the Chairman of Tax Administration Reforms Commission, constituted by the Finance Ministry, Monday hailed the decision to defer General Anti-Avoidance Rules (GAAR) as announced in the Budget.

Mar 02, 2015, 23:14 PM IST

'Govt to take call on GAAR implementation soon'

As per the existing proposal, investments made after March 2013 will be covered under GAAR with effect from assessment year 2016-17.

Jul 12, 2014, 15:33 PM IST