Supreme Court Denies DTAA Benefits to Tiger Global; Rules Sale of Flipkart Singapore Shares a ‘Prima Facie’ Tax Avoidance Arrangement Subject to GAAR

In a landmark judgment reshaping the landscape of international taxation and treaty benefits, the Supreme Court of India has set aside the Delhi High Court’s order which had granted relief to Tiger Global International Holdings. The Apex Court held that the sale of shares of Flipkart Private Limited (Singapore) by Mauritius-based Tiger Global entities to

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