SC admits SLP to decide whether a person could be said to be involved in treaty shopping if income i

IT/ILT: SLP granted against High Court's ruling that where shares of Indian company were listed, income arising from any future transfer of those shares would itself be exempt by virtue of section 10(38) and, hence, no treaty shopping to be alleged on transfer of shareholding in it by company of one foreign country to its 100 per cent subsidiary company of another foreign country