While applying GAAR [General Anti Avoidance Rule] by the tax authorities, they try to find out whether there is business substance in the agreement or just to avoid the tax such arrangement has been made. The acute difficulty which is likely to be faced by the assessees in India is that the burden of not avoiding tax is on assessees whereas in many foreign countries it is on Tax Authorities to prove that arrangements have been entered into to avoid tax. GAAR deals with the prevention of activities by any concern, which ultimately result in avoidance of tax...!

Sabki already kat chuki hai. aur kya kaatenge ... ??? ghanta ... ??? !!!