Рет қаралды 351
The recently inked India - Mauritius Protocol seeks to amend the existing Double Tax Avoidance Agreement, with an aim to address concerns around treaty shopping by incorporating a Principal Purpose Test. The Protocol will come into effect after notification by both countries, but it has once again brought forth questions on treaty benefits available to Mauritius domiciled funds with respect to their investments in Indian listed and unlisted securities. In this webinar, Siddharth Shah, Bijal Ajinkya and Rahul Jain delve into the interplay between existing General Anti Avoidance Rules under the Income Tax Act, 1961 and the Principal Purpose Test, possibility of retrospective application of the Protocol on existing investments and more.