Tech
Flipkart wins against Karnataka tax dept; HC orders refund of Rs 16.11 crore deposit with interest
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The Karnataka High Court has ordered the commercial taxes department to refund Rs 16.11 crore to Flipkart India, which the ecommerce firm had deposited towards 70% pre-deposit of the total tax demand while challenging the tax assessment orders.
Justice SR Krishna Kumar at the high court, by a July judgement, the copy of which is available now, has also ordered the department to pay interest at the applicable rate to Flipkart India in cash on the entire deposit amount of Rs 23 crore from the date of deposit to the date of refund.
A long-drawn dispute…
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