Income-tax Act, 2025

Treatment of connected person and accommodating party - Section 182

Treatment of connected person and accommodating party.

182. In this Chapter, in determining whether a tax benefit exists,

(a) the parties who are connected persons in relation to each other may be treated as one and the same person;

(b) any accommodating party may be disregarded;

(c) the accommodating party and any other party may be treated as one and the same person;

(d) the arrangement may be considered or looked through by disregarding any corporate structure. .... To read the full section download the app from Google Play store