The Central Board of Direct Taxes (CBDT) has released Circular No. 01/2025 dated January 21, 2025, providing guidance on the application of the Principal Purpose Test (PPT) under India’s Double…

The Central Board of Direct Taxes (CBDT) has released Circular No. 01/2025 dated January 21, 2025, providing guidance on the application of the Principal Purpose Test (PPT) under India’s Double…