The PE investor had claimed nil withholding tax on the capital gains made from the 2018 sale of its Flipkart stake to Walmart
Mumbai: New York-based private equity (PE) investor Tiger Global on Monday moved the Delhi High Court against the quasi-judicial body ruling. The ruling in June by Authority of Advance Ruling (AAR) had denied the PE firm benefits of grandfathering provisions under the India-Mauritius Double Tax Avoidance Agreement when it exited Flipkart in 2018.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.