Insights
Mumbai ITAT holds Marico Ltd.’s distribution-agreement termination compensation taxable as business income under section 28
Telangana High Court sets aside GAAR invocation, holds that tax benefit alone does not establish an impermissible avoidance arrangement
ITAT holds that indirect transfer of shares are subject to India-Ireland treaty protection
India notifies Protocol amending the India–Mauritius Tax Treaty: Principal Purpose Test in force from 10 August 2026