https://www.taxtmi.com/article/detailed?id=10453 The note explains the substance over form doctrine as allowing tax authorities to disregard contractual nomenclature and assess the commercial reality of transactions where factual and documentary evidence demonstrates a sham or tax-avoidance purpose; it traces divergent judicial approaches, outlines GAAR as a statutory codification permitting disregard of form for impermissible avoidance arrangements lacking commercial substance, and highlights recent authority endorsing holistic, fact-driven "look at" inquiries in indirect-tax disputes while stressing the need for threshold proof of abuse and procedural safeguards. en-us Mon, 13 Jun 2022 14:10:44 +0530 Mon, 13 Jun 2022 14:10:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10453 The note explains the substance over form doctrine as allowing tax authorities to disregard contractual nomenclature and assess the commercial reality of transactions where factual and documentary evidence demonstrates a sham or tax-avoidance purpose; it traces divergent judicial approaches, outlines GAAR as a statutory codification permitting disregard of form for impermissible avoidance arrangements lacking commercial substance, and highlights recent authority endorsing holistic, fact-driven "look at" inquiries in indirect-tax disputes while stressing the need for threshold proof of abuse and procedural safeguards. Articles Goods and Services Tax - GST Mon, 13 Jun 2022 14:10:44 +0530 https://www.taxtmi.com/article/detailed?id=10453