Income tax dept opposes benefits to Jane Street SingaporeIndia's tax office has challenged treaty benefits claimed by Jane Street's Singapore arm, suspecting ₹8000 crore in escaped income. The dep...
03 Apr, 2026, 12.55 AM IST
GAAR shadow over payments abroad worries India IncIndia Inc seeks clarity on General Anti-Avoidance Rules (GAAR) for payments to foreign entities after a Supreme Court ruling. The govt offe...
02 Apr, 2026, 07.06 PM IST
India grandfathered gains from investments made before April 2017Investors holding assets acquired before April 1, 2017, have received a significant reprieve. The Central Board of Direct Taxes has clarifi...
01 Apr, 2026, 11.15 AM IST
GAAR with a glare: When tax planning starts looking a little too cleverIndia's tax authorities are increasingly using General Anti-Avoidance Rules, or GAAR. Recent rulings show GAAR targeting corporate restruct...
18 Dec, 2025, 11.30 PM IST
Panasonic India companies' deal gets NCLT OKPanasonic had approached the NCLT for the amalgamation of a loss-making entity with a profit-making entity. The tax department had said tha...
30 May, 2022, 01.13 AM IST
Several MNCs under IT scanner for deals done via Mauritius CosAfter private equity firms and fund houses, the taxman has raised the spectre of capital gains and judicial General Anti Avoidance Rule (GA...
22 Dec, 2021, 04.06 PM IST
GAAR still remains an irritant for FIIs, doubts persist over FII structureThere is confusion over how tax authorities will determine "commercial substance" to consider FII eligibility for claiming treaty benefit.
29 Mar, 2016, 02.32 PM IST
GAAR is for both cross-border and domestic transactions: Ketan Dalal, PwC'The fact that it is subjective and can be interpreted in any way, is a cause for worry.'
14 Jul, 2014, 02.57 PM IST
- ET in the Classroom: GAAR Simplified
ET explains the crucial elements of the law relating to anti-tax avoidance measures.
16 Jan, 2013, 04.06 AM IST
GAAR: European Union wants member states to adopt common general anti-avoidance rulesGAAR rules seek to deny tax benefit to any arrangement that is entered into with the sole objective of avoiding taxes.
10 Dec, 2012, 05.30 AM IST
GAAR: Guard against arbitrary action by taxmen, run its invocation past a juryGaar guidelines must ensure that such discretion is not used in an arbitrary manner. An independent jury should vet proposal to invoke Gaar...
18 Jul, 2012, 08.43 AM IST
- Will expand consultation process, says GAAR panel chief Parthasarathi Shome
Chief of Prime Minister appointed panel on GAAR Parthasarathi Shome today said ambit of consultations on the anti-tax evasion measures will...
16 Jul, 2012, 09.58 PM IST
- Industry wants changes in GAAR guidelines, govt panel to meet again
Industry has asked the government to further modify the guidelines for the proposed General Anti-Avoidance Rules or GAAR.
10 Jul, 2012, 05.25 AM IST
Government should put off GAAR until 2015: AssochamThe govt should put off implementation of GAAR until 2015 as these have created a bad perception about Indian tax laws among global investo...
02 Jul, 2012, 09.50 PM IST
Unfolding of GAAR guidelines - end of uncertainty?It is clarified that the provisions of GAAR will apply to the income accruing or arising to the taxpayers on or after 1 April 2013 and not ...
02 Jul, 2012, 06.16 PM IST
- GAAR won't be invoked for P-notes
The I-T department put out the detailed guidelines on GAAR, stating that rules will apply only to income earned after April 1, 2013.
29 Jun, 2012, 04.20 AM IST
Defending Vodafone tax, RS Gujral says India not a banana republicThere is a concern that because the amendment is retrospective since 1962 all cases may reopened. This is incorrect. There is a 6-year limi...
20 Apr, 2012, 10.40 AM IST