 "tax provisions, GAAR, PoEM")
The government has come out with the long-awaited guidelines for applying the Place of Effective Management (PoEM) test and the General Anti-Avoidance Rules (GAAR) provisions. Despite allaying some fears of taxpayers, experts tell Business Standard that the element of subjectivity in applying these rules is still a matter of concern.
Why GAAR still makes corporate India jittery
The right to plan tax affairs is a fundamental right of every taxpayer. However, there are times when tax planning results in tax avoidance. To prevent this, rules have been introduced, both globally as well as in India, to ensure that appropriate
