Section – 98 : Consequences of impermissible avoidance arrangement
March 1, 2018
Section – 100 : Application of this Chapter
March 1, 2018

Section – 99 : Treatment of connected person and accommodating party

99. For the purposes of this Chapter, in determining whether a tax benefit exists,—

(i) the parties who are connected persons in relation to each other may be treated as one and the same person;

(ii) any accommodating party may be disregarded;

(iii) the accommodating party and any other party may be treated as one and the same person;

(iv) the arrangement may be considered or looked through by disregarding any corporate structure.

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