Supreme Court suspends tax benefits for Tiger Global, impacting foreign investment certainty in India.
The Supreme Court of India has suspended a Delhi High Court ruling that granted tax benefits to the private equity firm Tiger Global under the India-Mauritius Double Taxation Avoidance Agreement (DTAA). This decision affects Tiger Global's tax status on the sale of Flipkart shares to Walmart and may create uncertainty for foreign investors. The case will be heard again by the Supreme Court on February 18.
2 months ago
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