GAAR clarity: Legacy investments shielded but substance remains crucial
According to the amendment, cases where GAAR was invoked prior to March 31, 2026, fall outside its scope. However, it remains to be seen how Indian income-tax authorities will deal with such cases, write tax law experts Bijal Ajinkya and Viraj Doshi of Khaitan & Co. By CNBCTV18April 17, 2026, 1:25:31 PM IST (Published) In…
