Indian Government notifies implementation of #GAAR rules from April 2016 (Y).. why does the government have to wait for the elections to be round the corner... ?? SO damned election politics.. :( For those who are not aware - GAAR = General Anti-Avoidance Rules. The GAAR provisions would not apply to business arrangements where the "tax benefit in the relevant assessment year arising, in aggregate, to all parties to the arrangement does not exceed a sum of Rs 3 crore."
Posted on: Thu, 26 Sep 2013 20:21:05 +0000
Trending Topics
Recently Viewed Topics
© 2015