Treatment of connected person and accommodating party [ Section 99 ]

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.... each other may be treated as one and the same person; * (ii) any accommodating party may be disregarded; * (iii) the accommodating party and any other party may be treated as one and the same person; * (iv) the arrangement may be considered or looked through by disregarding any corporate structure. * The term "connected person" is defined in clause(4) of section 102. connected p....

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....ther incorporated or not, or a Hindu undivided family having a substantial interest in the business of the person or any director, partner, or member of the company, firm or association of persons or body of individuals or family, or any relative of such director, partner or member; * (g) a company, firm or association of persons or body of individuals, whether incorporated or not, or a Hindu u....