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Until 31 March 2017, long-term capital gains arising on the transfer of listed equity shares were exempt from tax in India if such transfer was undertaken on a recognized stock exchange and Securities Transaction Tax (STT) was paid on the same.

Overview of the Indian tax aspects and costs to be borne in mind when planning offshore investments by Indian resident individuals.

On November 19, 2025, the Ministry of Finance notified the Capital Gains Accounts (Second Amendment) Scheme, 2025.

In eBay Singapore Services Private Limited v. DCIT, [TS-1343-ITAT-2025(Mum)], the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that capital gains arising to a Singapore tax resident...

Bitcoin is a cryptographic, digital and experimental currency introduced in the digital world in 2008.

The capital gains exemption under the Treaty was made coterminous with that under the India-Mauritius tax treaty.

The Indian and Mauritian Governments have recently signed a protocol dated 7 March 2024 (Protocol) to amend the India-Mauritius tax treaty (Tax Treaty).

In 2012, the Supreme Court of India in the Vodafone case held that any transfer by a non-resident of shares of a non-resident company which derives its value from the shares or interest situated in India would not attract Indian capital gains tax.

A recent judgment of Delhi high court in the case of CIT v. Gita Duggal tries to clarify the applicability of levy of capital gains on such transaction.

'Capital asset' at present has been defined by the said section as property of any kind held by an assessee.

The Assessee1 filed his return of income (‘ROI') for AY 2018-19 declaring total income of INR 17.59 crores. Thereafter, the Assessee filed the revised ROI with total income of INR 13.89 crores.

In a first of its kind ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) in the case of SC Lowy P.I. (LUX) S.A.R.L. vs. ACIT, (ITA No.3568/DEL/2023) has adjudicated on the merits of the PPT provisions ...

India's Supreme Court ruling in Tiger Global sent shockwaves through foreign investors who structured their investments through Mauritius and similar treaty jurisdictions. Following diplomatic intervention at the highest levels, the Indian government introduced targeted amendments to its tax rules—but do these changes fully restore investor confidence, or do critical uncertainties remain?

The Hon'ble Bombay High Court upheld a decision wherein a Mauritian entity was entitled to avail the beneficial provisions of the India Mauritius Tax Treaty in relation to capital gains arising from the sale of shares of an Indian company.

Incentivizing key personnel through equity participation is an internationally accepted practice. Grant of stock options or sweat equity in the employer company has significant value attached to it and, consequentially, a huge tax outgo.

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe for the month of May 2023.

In the recent case of Domino Printing Science Plc., In Re (AAR 1290 of 2012 decided on 23 August 2019), the Authority for Advance Rulings, ruled that shareholders of a company are liable to capital gains tax ...