https://www.taxtmi.com/manuals?id=2873 Judicial anti-avoidance doctrines focus on the Business Purpose Rule, requiring commercial justification beyond tax savings, and the Substance over Form rule, which gives economic reality precedence over legal form. The substance doctrine covers legal versus economic substance, sham transactions, wrong characterisation, step-transaction treatment, and piercing the corporate veil to disregard formal structures used to alter tax outcomes. en-us Thu, 15 Jun 2023 15:52:00 +0530 Fri, 01 Mar 2024 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2873 Judicial anti-avoidance doctrines focus on the Business Purpose Rule, requiring commercial justification beyond tax savings, and the Substance over Form rule, which gives economic reality precedence over legal form. The substance doctrine covers legal versus economic substance, sham transactions, wrong characterisation, step-transaction treatment, and piercing the corporate veil to disregard formal structures used to alter tax outcomes. Manuals Income Tax Thu, 15 Jun 2023 15:52:00 +0530 https://www.taxtmi.com/manuals?id=2873