GGAR Current Affairs, GK & News

General Anti-avoidance Rule (GAAR)

Recently, the Department of Revenue under the Ministry of Finance started investigations under the General Anti-avoidance Rule (GAAR) into firms misusing the law. Many firms have been using creative methods to avoid paying taxes to the government. What is General Anti-avoidance Rule (GAAR)? GAAR is an anti-tax avoidance law, whose provisions come under the Income ..

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