https://www.taxtmi.com/acts?id=10890 The Commissioner may declare an arrangement an impermissible avoidance arrangement and, to prevent or diminish a relevant tax benefit, may disregard, combine or re-characterise steps; treat the arrangement as not entered into or otherwise as appropriate; treat connected or accommodating persons as one; re-allocate accruals, receipts, expenditures, deductions, reliefs or rebates among parties; and re-characterise equity and debt or capital and revenue items. en-us Thu, 20 Aug 2009 12:51:55 +0530 Thu, 20 Aug 2009 12:51:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10890 The Commissioner may declare an arrangement an impermissible avoidance arrangement and, to prevent or diminish a relevant tax benefit, may disregard, combine or re-characterise steps; treat the arrangement as not entered into or otherwise as appropriate; treat connected or accommodating persons as one; re-allocate accruals, receipts, expenditures, deductions, reliefs or rebates among parties; and re-characterise equity and debt or capital and revenue items. Act-Rules Bills Thu, 20 Aug 2009 12:51:55 +0530 https://www.taxtmi.com/acts?id=10890