§ 182
Chapter XI — General Anti-A Voidance Rule
Treatment of connected person and accommodating party
Income-tax Act, 2025
This section helps determine if a tax benefit exists by allowing connected persons to be treated as one entity. It also permits disregarding accommodating parties or considering them as a single entity with other parties. Additionally, corporate structures may be looked through for this purpose. Key considerations include:
- connected persons and accommodating parties
📜 Official text of the section +
182. In this Chapter, in determining whether a tax benefit exists,—
( a) the parties who are connected persons in relation to each other may be
treated as one and the same person;
( b) any accommodating party may be disregarded;
( c) the accommodating party and any other party may be treated as one and
the same person;
( d) the arrangement may be considered or looked through by disregarding
any corporate structure.
Application of this Chapter.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.