THE AUTHORITY FOR ADVANCE RULINGS (INCOME TAX) vs. TIGER GLOBAL INTERNATIONAL II HOLDINGS
C.A. No.-000262-000262 - 2026Supreme Court15 Jan 2026
Bench: HON'BLE MR. JUSTICE R. MAHADEVAN
capital appreciation
and investment income. The assessees are regulated by the Financial Services
Commission3 in Mauritius and have been granted a Category I Global Business
License4 under Section 72(6) of the Financial Services Act, 2007, enacted by the
Parliament of Mauritius.
5.1.
The business of the assessees, according to them, is wholly controlled and
managed by their Board
