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Rule 127 of Income Tax Rules - Determination of consequences of impermissible avoidance arrangement.

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Last Updated: 01-04-2026

127. Determination of consequences of impermissible avoidance arrangement.[i]

For the purposes of section 181, where a part of an arrangement is declared to be an impermissible avoidance arrangement, the consequences in relation to tax shall be determined with reference to such part only.

 

[i] This Rule was inserted by N No. 22/2026 dt. 20-03-2026 wef 01-04-2026.