https://www.livemint.com/news/india/tiger-global-moves-delhi-high-court-against-flipkart-tax-ruling-11600702202999.htmlThe PE investor had claimed nil withholding tax on the capital gains made from the 2018 sale of its Flipkart stake to Walmart.

There is enough substance and decision making in the deal structure to get India-Mauritius treaty benefits. The AAR has not gone into all the aspects of the deal before it denied treaty benefits to Tiger Global,” said a person with direct knowledge of the matter

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