Income-tax Act, 2025
Applicability of General Anti-Avoidance Rule - Section 178
CHAPTER XIGENERAL ANTI-AVOIDANCE RULE
Applicability of General Anti-Avoidance Rule.
178. (1) Irrespective of anything contained in this Act, an arrangement entered into by an assessee may be declared to be an impermissible avoidance arrangement and the consequence in relation to tax arising from it may be determined subject to the provisions of this Chapter.
(2) The provisions of this Chapter may be applied to any step in, or a part of, the arrangement as they are applicable to the arrangement. .... To read the full section download the app from Google Play store
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