General Anti Avoidance Rule (GAAR) though were announced in the Finance Act, 2012 but had been deferred and been made applicable in India from :

CS Executive · Tax Laws and Practice · PYQS · December 2018
General Anti Avoidance Rule (GAAR) though were announced in the Finance Act, 2012 but had been deferred and been made applicable in India from :
(A) Assessment year 2017-18
(B) Assessment year 2018-19
(C) Assessment year 2019-20
(D) None of the above

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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