• GAAR was specially for its treatment only, but its provisions were too harsh and because of its negative outcome there are chances that foreign investment will be reduced. May be if govt. will come up with a same system like GAAR with little home work it will help.

  1. Anonymous

    if GAAR would be effective to prevent tax revenue loss why our govt. delaying in implementation of GAAR(extended for 2016)??whats the reason?

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