Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tax Authorities Gain Power to Scrutinize and Recharacterize Transactions Under GAAR to Combat Aggressive Tax Avoidance Strategies</h1> The text discusses Clause 178 of the Income Tax Bill, 2025, which codifies the General Anti-Avoidance Rule (GAAR) to counter tax avoidance strategies. The clause empowers tax authorities to disregard or recharacterize arrangements primarily designed to obtain tax benefits through impermissible schemes. It provides a framework to address aggressive tax planning by examining the substance over form of transactions, with procedural safeguards to prevent arbitrary application while protecting the tax base's integrity.
TaxTMI 
TaxTMI 