Chapter X-A of the Act contains General Anti-Avoidance Rule (GAAR) and section 102 in this chapter contains various definitions. Find and state the meaning assigned to "Tax Treaty" under this section :

CS Executive · Tax Laws and Practice · PYQS · December 2020
Chapter X-A of the Act contains General Anti-Avoidance Rule (GAAR) and section 102 in this chapter contains various definitions. Find and state the meaning assigned to "Tax Treaty" under this section :
(A) An agreement referred to in sub-section (1) of section 90 or subsection (1) of section 90A
(B) A measure or an action, particularly one of a series taken in order to deal with or achieve a particular thing or object
(C) A reduction or avoidance or deferral of tax or other amount that would be payable under this Act as a result of a tax treaty
(D) A reduction in total income or an increase in loss in the relevant previous year or any other previous year

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: General Anti-Avoidance Rule (GAAR)

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