SC Stays HC Order Exempting Tiger Global

A SC bench, led by Justice JB Pardiwala, issued a notice to Tiger Global on a petition filed by Authority for AAR (Income Tax) against the HC order

In August 2024, Delhi HC overturned an order of the AAR that denied Tiger Global’s request for tax exemption in 2018 stake sale in Flipkart to Walmart under the DTAA

Tiger Global and its related entities had picked up 2.36 Cr shares of Flipkart Singapore between October 2011 and April 2015

In a major blow for Tiger Global, the Supreme Court on Friday (January 24)…