top of page
Legal Updates

Insights

Search
Feb 75 min read

Understanding the Supreme Court's Landmark Ruling on Tiger Global and its Implications

Supreme Court’s Landmark Ruling In the Case of Tiger Global [1] Commercial substance in a transaction is a must for claiming treaty benefit TRC alone is not conclusive proof of residence     The Facts i. Tiger Global International II, III & IV Holdings ( ‘Tiger Global Entities’ ) are companies incorporated under the laws of Mauritius, created with the objective of undertaking investment activities. vi. Tiger Global Entities purchased shares of Flipkart Pvt. Ltd. ( ‘Flipkart S

 
 
 

News

Business Standard

How content creators who earn from Twitter's ad revenue will be taxed

Influences, who somehow tweet for a living, on the other and will be able to show such incomes as part of profits and gains from business and profession

Read More
Business Standard

Resolve inaccuracies in AIS promptly with real-time status update tool

Reconciling financial transactions with Annual Information Statement before filing return can prevent inquiries by taxman

Read More
Economic Times

Govt to constitute a panel of ministers to supervise the regulation of online gaming

The government is considering forming a Group of Ministers (GoM), to address regulatory concerns and other issues in the gaming industry. 


Read More
Outlook Money

Virtual Digital Assets Under Tax Lens: What Every Investor Must Know

There are stringent implications on the individuals who invest in VDAs since the income generated from the transfer of the VDAs is chargeable to tax at the rate of 30 per cent

Read More
bottom of page