India’s GAAR: Nice idea, shame about the execution

November 01, 2013

Vijay Krishnamurthy, CFO, company secretary and legal head at SmartPlay Technologies India, looks at the recently notified general anti-avoidance rules (GAAR) in India, analysing whether certain inconsistencies remain and whether the recommendations of the specialist Parthasarathi Shome-led committee should have been adopted in full.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

more across site & bottom lb ros

More from across our site

Direct Tax

Co-sourcing in tax: a growing trend with pillar two

In-house teams who want a balance of internal control and external expertise for pillar two should seriously consider co-sourcing models, Russell Gammon of Tax Systems argues

Russell Gammon, January 22, 2025

Direct Tax

Trump: OECD’s pillar two ‘no force or effect’ in US

The OECD has vowed to continue working with the US despite the president effectively pulling the country out of the organisation’s global minimum tax deal

Sam Sholli, January 21, 2025

Direct Tax

Exploring the tax classification of non-Dutch entities in 2025

Norton Rose Fulbright highlights a Brazilian investment fund as a practical example of how new Dutch tax rules will require significant attention from foreign companies

Bart Le Blanc , January 20, 2025

Direct Tax

Thomson Reuters and SafeSend ‘perfect match at the perfect time’

Thomson Reuters now has ‘end-to-end capability’ for its tax workflow business, according to its president for tax accounting and audit professionals

Sam Sholli, January 20, 2025

Direct Tax

Skadden appoints ex-Baker McKenzie partner as London tax disputes head

Patrick O’Gara, who is rated as a ‘highly regarded practitioner’ by World Tax, had spent over 20 years at Baker McKenzie

Tom Baker, January 17, 2025

Direct Tax

This week in tax: KPMG moves closer to forming US law firm

If approved, it would become the first ‘big four’ firm to practise law in the US; in other news, Morrison Foerster hired a new global tax co-chair

Sam Sholli, January 17, 2025

Indirect Tax

Donald Trump vows to create an External Revenue Service

The ‘birth date’ of the service, which will collect tariffs, duties and other foreign revenue, will be January 20

Sam Sholli, January 16, 2025

Awards

2025 Women in Business Law Americas Awards: submissions now open

Submit your nominations to this year's WIBL Americas Awards by February 28

Shailyn Tirado, January 16, 2025

Awards

Women in Business Law Awards EMEA 2025: submissions now open

Research for the annual Women in Business Law Awards has begun – submit your entries by February 28

James Wilson, January 16, 2025

What Corporates Want: Australasian advisers trail international counterparts on CSR

In-house counsel across a number of regions are unimpressed with their tax advisers’ CSR efforts, according to ITR+ research

Tom Baker, January 16, 2025