In a significant policy clarification, central board of direct taxes (CBDT) has amended the Income-tax Rules, 2026 under the ...

The latest amendment excludes income arising from transfer of pre-2017 investments from GAAR scrutiny. It reinforces the ...

The Tribunal addressed denial of leave encashment exemption restricted to ₹3 lakh. It held that the revised CBDT limit of ₹25 lakh applies, allowing full exemption within the ...

Prospective amendments to the applicability of GAAR to grandfathered investments provide some statutory comfort. However, ...

It makes it clear that GAAR cannot be applied to income from pre-2017 investments, regardless of when they are sold.

CBDT amends Income tax Rules 2026, clarifying Rule 128 on pre 2017 investments and Chapter XI tax benefits, effective from ...

The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded ...

CBDT clarifies GAAR provisions to exempt pre-2017 investments from scrutiny, aiming to boost investor confidence and ensure tax certainty ...

CBDT clarifies GAAR rules, fully grandfathering pre April 1 2017 investments, easing Tiger Global case concerns and boosting ...

In its notification, the CBDT said that GAAR will not apply to income arising from the transfer of investments made before ...

CBDT has amended Income-tax Rules, 2026, saying that any income accruing or received by any person from transfer of investments made before April 1, 2017, will not come under the General Anti Avoidanc ...