Bombay High Court Allows Tax Benefit After Offshore Reorganisation
U.S. Individual Income Tax Return form 1040’s are displayed for a photograph in Philadelphia, Pennsylvania, Thursday, March 29, 2007. Photographer: Mike Mergen/Bloomberg News.

Bombay High Court Allows Tax Benefit After Offshore Reorganisation

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The Bombay High Court applied the principles of private international law to permit tax benefits under the Income Tax Act, setting a precedent for tax disputes arising from reorganisation of a busi...
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