Supreme Court Rules Flipkart Stake Sale Taxable: Tiger Global Faces ₹14,500 Crore Blow
Supreme Court holds Tiger Global’s Flipkart stake sale taxable in India, rejecting Mauritius DTAA benefits and calling the structure tax avoidance.
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Supreme Court holds Tiger Global’s Flipkart stake sale taxable in India, rejecting Mauritius DTAA benefits and calling the structure tax avoidance.
India issues tax notices to foreign digital firms, claiming permanent establishment status that could trigger corporate tax and reshape digital economy taxation.
Non-disclosure of foreign shares in Schedule FA can trigger 30% tax, 90% penalty and prosecution under Black Money Act. Know scenarios and remedies.
Madhya Pradesh High Court rules VDIS immunity covers source of income, not accuracy of disclosure. Income tax scrutiny allowed for discrepancies.
Income Tax Act 2025 brings 120% penalties and jail risk from April 2026. Experts urge Budget 2026 reforms on faceless appeals and taxpayer protection.