General Anti-Avoidance Rule exclusions limit Chapter X-A for low tax benefit cases, certain investors, and pre-2017 transfers. Chapter X-A on the General Anti-Avoidance Rule does not apply to arrangements where the aggregate tax benefit in the relevant assessment year does not exceed three crore rupees. It also excludes certain Foreign Institutional Investors, non-residents investing in such investors, and income from transfer of investments made before 1 April 2017. Chapter X-A applies to any arrangement where the tax benefit is obtained on or after 1 April 2017, subject to the stated exception.