The Shome committee which was appointed to look into the guidelines of General Anti Avoidance Rules (GAAR) has recommended retrospective application of tax law only in rarest of rare cases. Which of the following recommendation/s is/are made by this panel?

The Shome committee which was appointed to look into the guidelines of General Anti Avoidance Rules (GAAR) has recommended retrospective application of tax law only in rarest of rare cases. Which of the following recommendation/s is/are made by this panel?
1.To correct anomalies in the statues of Tax laws,
2.To protect the tax base from abusive tax planning schemes with a purpose to avoid tax
3.To correct technical/procedural defects that impairs a substantive law
Choose the correct option from the codes given below:
[A]1 only
[B]2 only
[C]3 only
[D]1, 2 and 3

1, 2 and 3
The Parthasarathi Shome committee appointed by PM Manmohan Singh to look into GAAR provisions had recommended all the above 3 points for retrospective application of tax laws for a stable and non-adversarial tax regime.

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