https://www.taxtmi.com/acts?id=49179 Clause 181 empowers corrective tax measures when an arrangement is declared an impermissible avoidance arrangement, permitting denial of tax or treaty benefits and measures such as disregarding, combining or recharacterising steps or whole arrangements; treating arrangements as not entered into; treating accommodating parties or connected persons as one; reallocating accruals, receipts, expenditures, deductions, reliefs or rebates among parties; looking through corporate structures; and recharacterising equity and debt or capital and revenue attributes. en-us Fri, 14 Feb 2025 17:27:37 +0530 Mon, 28 Apr 2025 15:18:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49179 Clause 181 empowers corrective tax measures when an arrangement is declared an impermissible avoidance arrangement, permitting denial of tax or treaty benefits and measures such as disregarding, combining or recharacterising steps or whole arrangements; treating arrangements as not entered into; treating accommodating parties or connected persons as one; reallocating accruals, receipts, expenditures, deductions, reliefs or rebates among parties; looking through corporate structures; and recharacterising equity and debt or capital and revenue attributes. Act-Rules Bills Fri, 14 Feb 2025 17:27:37 +0530 https://www.taxtmi.com/acts?id=49179