AIR spotlight summary on “General Anti Avoidance rule (GAAR) and its Advantages”.
AIR spotlight summary on “General Anti Avoidance rule (GAAR) and its Advantages”. Introduction General Anti Avoidance rule (GAAR) is a set of rules or a framework which helps the revenue authorities decides whether a particular transaction has commercial substance or not. If it does not have commercial substance and is not a genuine …
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