https://www.taxtmi.com/acts?id=53434 Chapter XI on the General Anti-Avoidance Rule does not apply where the aggregate tax benefit in a relevant tax year to all parties to an arrangement does not exceed three crore rupees. The rule also excludes specified foreign investment activity, including investments by a Foreign Institutional Investor meeting the stated conditions, investments by a non-resident through offshore derivative instruments or otherwise in such an investor, and income from transfer of investments made before 1 April 2017. Chapter XI applies to arrangements for tax benefit obtained on or after 1 April 2017, subject to defined terms. en-us Fri, 20 Mar 2026 18:08:24 +0530 Tue, 07 Apr 2026 11:51:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53434 Chapter XI on the General Anti-Avoidance Rule does not apply where the aggregate tax benefit in a relevant tax year to all parties to an arrangement does not exceed three crore rupees. The rule also excludes specified foreign investment activity, including investments by a Foreign Institutional Investor meeting the stated conditions, investments by a non-resident through offshore derivative instruments or otherwise in such an investor, and income from transfer of investments made before 1 April 2017. Chapter XI applies to arrangements for tax benefit obtained on or after 1 April 2017, subject to defined terms. Act-Rules Income Tax Fri, 20 Mar 2026 18:08:24 +0530 https://www.taxtmi.com/acts?id=53434