https://www.taxtmi.com/manuals?id=4445 An arrangement is deemed to lack commercial substance if it does not have a significant effect on the business risks or net cash flows of any party to the arrangement, apart from any effect attributable solely to the tax benefit obtainable under the relevant Chapter; this deeming serves as an alternate condition to identify impermissible avoidance arrangements under the General Anti-Avoidance Rule. en-us Tue, 23 Jan 2024 18:10:00 +0530 Tue, 23 Jan 2024 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4445 An arrangement is deemed to lack commercial substance if it does not have a significant effect on the business risks or net cash flows of any party to the arrangement, apart from any effect attributable solely to the tax benefit obtainable under the relevant Chapter; this deeming serves as an alternate condition to identify impermissible avoidance arrangements under the General Anti-Avoidance Rule. Manuals Income Tax Tue, 23 Jan 2024 18:10:00 +0530 https://www.taxtmi.com/manuals?id=4445