The Economic Times

Tiger in net, blackstone in woods: Supreme Court's Tiger Global tax ruling could influence Blackstone dispute

Blackstone faces a significant legal challenge from India's tax department. The dispute centers on tax residency and treaty benefits for foreign investors. This case, similar to the Tiger Global matter, will test the validity of tax residency certificates. The outcome could impact how offshore investors are taxed in India. Control and beneficial ownership are key points of contention.