In the Supreme Court case involving Tiger Global's sale of Flipkart shares, treaty benefits under India's DTAA with which country were denied? MCQ with Answer and Explanation

In the Supreme Court case involving Tiger Global's sale of Flipkart shares, treaty benefits under India's DTAA with which country were denied?
A. Luxembourg
B. Singapore
C. Mauritius
D. Cyprus
Answer: Option B
Solution (By JKExamLibrary)
Treaty benefits under India's Double Taxation Avoidance Agreement (DTAA) with Singapore were denied in the Tiger Global-Flipkart shares case.

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Practice More Current Affairs 2026 Section 1 Questions

Question #1 Report Error
The rainfall deficit in India for the month of June 2026 was approximately:
A. 30%
B. 42%
C. 50%
D. 20%

Correct Answer: Option B


Explanation:
The rainfall deficit in June 2026 was at 42 percent.[reference:30]

Question #2 Report Error
The 23rd instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was released on which date in June 2026?
A. June 15, 2026
B. June 25, 2026
C. June 30, 2026
D. June 20, 2026

Correct Answer: Option D


Explanation:
The 23rd instalment of PM-KISAN was released on June 20, 2026.[reference:41]

Question #3 Report Error
The Andhra Pradesh Reorganisation Bill, 2026 is related to which of the following?
A. Redistribution of administrative powers and resources
B. Introduction of GST reforms
C. Creation of new states
D. Amendment of Panchayati Raj system

Correct Answer: Option A


Explanation:
The Andhra Pradesh Reorganisation Bill, 2026 deals with administrative, financial, and territorial adjustments post-reorganisation, ensuring equitable distribution of assets, liabilities, and governance structures.