Taxability of Capital Gains under India-Singapore DTAA: SC issues Notice to Blackstone Capital Partners Singapore [Read Judgement]
In a possible backlash to Blackstone, the Supreme Court has issued Notice in Revenue Appeal against Delhi HC decision regarding taxability of Capital Gains from sale of shares under India-Singapore DTAA
By Manu Sharma - On January 11, 2024 12:08 pm - 2 mins read
The Supreme Court Bench of Justice Pamidighantam Sri Narasimha and Justice Aravind Kumar has issued notice to Blackstone Capital Partners Singapore, in revenue appeal against the Delhi High Court decision that quashed proceedings and reassessment on capital gains, considering the India-Singapore Double Taxation Avoidance Agreement (DTAA). Blackstone is one of the world’s largest alternative asset…
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