Section 182
Treatment of connected person and accommodating party.
About this Act
An Act to consolidate and amend the law relating to income-tax.
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.
(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.