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Shristi Rajput
May 07, 2026

Submitted By: Shristi Rajput

Circular No.7/2017 Clarification on implementation of GAAR provision of income tax act

Circular No. 7/2017 clarifies the implementation of General Anti-Avoidance Rules (GAAR) provisions under the Income-tax Act. It provides guidance on the applicability of GAAR, grandfathering of investments, interaction with tax treaties, and procedural safeguards to prevent misuse while targeting impermissible tax avoidance arrangements.

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