Akil Hirani, Managing Partner and Head of Transactions, has authored a critique on the Reserve Bank of India’s recent circular that restricts banks and NBFCs from making investments in Alternative Investment Funds who, in turn, have investments in companies in which banks and NBFCs have or had, during the preceding 12 months, a loan or investment exposure. This was published on moneycontrol.com.
Delhi Tribunal emphasizes importance of TRC for tax treaty benefits
Tiger Global Eight Holdings (TGH), a Mauritius company, sold a portion of its shares of an Indian company that were acquired prior to April 1, 2017 and claimed capital gains tax exemption under the double taxation avoidance agreement between India and Mauritius...