Application of General Anti Avoidance Rule

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..... o all the parties to the arrangement does not exceed a sum of rupees three crore; (b) a Foreign Institutional Investor, - (i) who is an assessee under the Act; (ii) who has not taken benefit of an agreement referred to in section 90 or section 90A as the case may be; and (iii) who has invested in listed securities, or unlisted securities, with the prior permission of the competent authorit .....

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..... n respect of the tax benefit obtained from the arrangement on or after the 3[1st day of April, 2017]. (3) For the purposes of this rule, - (i) "Foreign Institutional Investor" shall have the same meaning as assigned to it in the Explanation to section 115AD; (ii) "off shore derivative instrument" shall have the same meaning as assigned to it in the Securities and Exchange .....

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..... "DA" to be changed to "DD" since new sub-chapters from "DA" have been inserted gradually. 1. Inserted vide Notification No. 75/2013, dated day of 23th September, 2013 w.e.f. 1st day of April, 2016 2. Substituted vide Not. 49/2016 - Dated 22-6-2016, before it was read as, " 30th day of August, 2010 " 3. Substituted vide Not. 49/2016 - Dated 22-6-2016, bef .....

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