By: Suhas Sagar The field of taxation has always been witness to the eternal cat-and-mouse game between taxpayers and tax authorities. Nowhere is this contest more pronounced than in India. As taxpayers keep devising newer ways of mitigating their tax liability, the tax authorities respond with their own weapons – retrospective amendments and high pitched tax assessments displaying a rather adversarial state of mind. The … Continue reading GAAR: The Way Ahead