Recent amendments by the CBDT on the applicability of GAAR to grandfathered investments have sparked debate over whether the Tiger Global judgment’s impact has been diluted. In their article published in moneycontrol.com, our Partner Kunal Savani and Principal Associate Bipluv Jhingan examine the statutory comfort these changes provide, while cautioning that treaty claims must still be grounded in demonstrable substance. (Photo Credit: Moneycontrol)
