India, April 1 -- After years of back and forth, the Central Board of Direct Taxes (CBDT) has now clarified that anti-tax avoidance laws will not be applicable to investments made before April 2017.

In a gazette note dated March 31, the finance ministry said that gains from investments ⁠made before April 2017 would not be subject to ​any scrutiny under the country's stricter anti-tax avoidance ​rules, which seek to curb aggressive tax planning and evasion. 

Clubbed under the Income Tax (Amendment) Rules, 2026, the new norms came into effect from April 1.

"The provisions of Chapter XI (general anti-avoidance rules) shall apply to any arrangement, irrespective of the date on which it has been entered into, in respe...