Vide letter dated 28.06.2012, the Director General of Income-tax has issued draft guidelines in respect of the General Anti-Avoidance Rules (GAAR). GAAR is scheduled to become applicable w.e.f. 1.4.2013. The guidelines contain illustrations to explain how the GAAR provisions will apply together the draft of the forms required to be filled in. Comments can be forwarded till 20.07.2012
Download GAAR Draft Guidelines dated 28.06.2012 (524.9 KiB, 4,874 hits)
[…] the Indian context in the light of GAAR which is proposed to be introduced w.e.f. 1.4.2013 and the Draft General Anti-Avoidance Rules (GAAR) Guidelines which were introduced recently. The Australian Income-tax Department has issued a similar guide on […]