SHADES OF SUBSTANCE, A Treatise on Tax Anti- Avoidance Measures

This book provides an overview of GAAR and the interpretation of its various elements. In addition to Indian jurisprudence, the book discusses precedents from various other countries including Canada, Australia, New Zealand, UK and South Africa. The principles emerging from these cases and their relevance in an Indian context post the introduction of GAAR have been analysed. The book also covers several other anti-abuse measures such as POEM, the BEPS Reports and the Multilateral Convention, which are essentially ‘substance’ based. The impact of ‘substance’ on commonly undertaken transactions, such as group restructuring, transfers of assets, sale and lease back etc. are also discussed.