https://www.taxtmi.com/manuals?id=4439 GAAR does not apply where the aggregate tax benefit to all parties does not exceed Rs. 3 crore, or where eligible FIIs satisfy the requirements of assessment under the Income-tax Act, non-claiming of applicable treaty benefits, and compliant investment in listed or approved unlisted securities. Exemptions also cover qualifying non-residents investing in FIIs through offshore derivative instruments or similar arrangements. Investments made before 1 April 2017 receive grandfathering protection, while GAAR applies to arrangements producing tax benefits on or after that date irrespective of when entered into. en-us Tue, 23 Jan 2024 16:43:00 +0530 Mon, 13 Jul 2026 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4439 GAAR does not apply where the aggregate tax benefit to all parties does not exceed Rs. 3 crore, or where eligible FIIs satisfy the requirements of assessment under the Income-tax Act, non-claiming of applicable treaty benefits, and compliant investment in listed or approved unlisted securities. Exemptions also cover qualifying non-residents investing in FIIs through offshore derivative instruments or similar arrangements. Investments made before 1 April 2017 receive grandfathering protection, while GAAR applies to arrangements producing tax benefits on or after that date irrespective of when entered into. Manuals Income Tax Tue, 23 Jan 2024 16:43:00 +0530 https://www.taxtmi.com/manuals?id=4439