https://www.taxtmi.com/acts?id=51712 Where an arrangement is declared an impermissible avoidance arrangement, tax consequences including denial of tax or treaty benefits are to be determined as appropriate to the circumstances. Responses may include disregarding, combining or recharacterising steps, treating the arrangement as not entered into, collapsing accommodating parties or connected persons into one, reallocating accruals or deductions among parties, recharacterising equity and debt or capital and revenue receipts, and reattributing residence or situs or looking through corporate structures. en-us Thu, 14 Aug 2025 11:22:16 +0530 Wed, 27 Aug 2025 18:12:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51712 Where an arrangement is declared an impermissible avoidance arrangement, tax consequences including denial of tax or treaty benefits are to be determined as appropriate to the circumstances. Responses may include disregarding, combining or recharacterising steps, treating the arrangement as not entered into, collapsing accommodating parties or connected persons into one, reallocating accruals or deductions among parties, recharacterising equity and debt or capital and revenue receipts, and reattributing residence or situs or looking through corporate structures. Act-Rules Income Tax Thu, 14 Aug 2025 11:22:16 +0530 https://www.taxtmi.com/acts?id=51712