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General Anti-Avoidance Rules

GAAR to be levied from March 2015

GAAR to be levied from March 2015
A government official stated that the government is still in dilemma on whether the much controversial general anti-avoidance tax law or GAAR should be started as scheduled and whether they have enough time to review it. Shaktikanta Das, the revenue secretary said during a post budget interaction along with an industrial body CII that, in [...] Continue Reading »

GAAR should be implemented post review: Shaktikanta Das

GAAR should be implemented post review: Shaktikanta Das
The government is yet to decide on whether the controversial general anti-avoidance tax law GAAR should be implemented as scheduled or not. They have enough time to review that, and should look into all the aspects before taking the final call. The Revenue Secretary Shaktikanta Das mentioned in a post-Budget interaction with industry body CII (Confederation [...] Continue Reading »



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