On 27 May 2016, India's Central Board of Direct Taxes (CBDT) issued a release announcing that it is seeking input from stakeholders on which provisions of the country's general anti avoidance rule (GAAR) are in need of additional clarification. India's GAAR was developed in 2012 and was to be effective for fiscal years beginning on or after 1 April 2016, but was delayed to 1 April 2017 in order…