https://www.taxtmi.com/acts?id=17933 Section 102 defines core terms for the General Anti-Avoidance Rule: arrangement (any step, transaction, scheme or understanding, including alienation of property) and tax benefit (reduction, avoidance or deferral of tax, increase in refund, reduction in total income or increase in loss, including effects under tax treaties). It also defines connected person and substantial interest (twenty per cent ownership or entitlement thresholds), and supplies operational terms such as fund, party, asset, benefit, step and tax treaty. en-us Tue, 21 May 2013 19:55:02 +0530 Thu, 28 Aug 2025 14:13:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17933 Section 102 defines core terms for the General Anti-Avoidance Rule: arrangement (any step, transaction, scheme or understanding, including alienation of property) and tax benefit (reduction, avoidance or deferral of tax, increase in refund, reduction in total income or increase in loss, including effects under tax treaties). It also defines connected person and substantial interest (twenty per cent ownership or entitlement thresholds), and supplies operational terms such as fund, party, asset, benefit, step and tax treaty. Act-Rules Income Tax Tue, 21 May 2013 19:55:02 +0530 https://www.taxtmi.com/acts?id=17933