Bijal Ajinkya

Bijal Ajinkya is a Partner in the Direct Tax, Private Client Practice and Investment Funds Practice Groups in the Mumbai office. With over 20 years of experience, on the tax side, Bijal primarily focuses on international tax, structuring of inbound and outbound investments, M&A tax negotiations, providing opinions on complex tax issues on international tax, GAAR, POEM, PE, MFN, etc. Bijal has also advised on the tax and regulatory aspects of incentive plans rolled out by Indian companies and MNCs for key employees and executives in India. On the tax litigation front, she has immense experience in providing advice on unique litigation strategies and has been a lead advisor in many successful and path breaking tax litigations in India. She has also served as an expert witness on Indian tax matters in an international arbitration. She is handling a tax information exchange case which is a first precedent case on the interpretation of treaty provisions with a country in the Channel Islands. She has led many successful international tax litigations in India; on the India Mauritius Tax Treaty – Azadi Bachao Andolan, Applicability of Minimum Alternate Tax for Foreign Portfolio Investors for International Financial Associations, Taxation of Outsourcing in India for Morgan Stanley, Taxation of Online services for Dun & Bradstreet, Taxation of a Mauritius Protected Cell Company for Nicholas Applegate, to name a few.