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Rule 10UA of Income Tax Rules 1962: Determination of Consequences of Impermissible Avoidance Arrangement

Rule 10UA - Determination of consequences of impermissible avoidance arrangement
(Application of General Anti Avoidance Rule)

For the purposes of sub-section (1) of section 98, where a part of an arrangement is declared to be an impermissible avoidance arrangement, the consequences in relation to tax shall be determined with reference to such part only.



Extra Notes for Readers:

- Rule 10UA was introduced by the Income Tax (17th Amendment) Rules, 2013, which came into force on the 1st day of April, 2016.



Reference/Source: Check at Income Tax site for latest version of the Rules - link

This page was last updated on 17th October 2016.
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