{"id":985871,"date":"2026-01-16T12:34:15","date_gmt":"2026-01-16T07:04:15","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=985871"},"modified":"2026-01-16T12:52:21","modified_gmt":"2026-01-16T07:22:21","slug":"tiger-globals-1-6-billion-flipkart-exit-taxable-in-india-supreme-court","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/16\/tiger-globals-1-6-billion-flipkart-exit-taxable-in-india-supreme-court\/","title":{"rendered":"Tiger Global\u2019s $1.6 billion Flipkart exit taxable in India:\u2009Supreme Court"},"content":{"rendered":"<p>The Supreme Court on Thursday ruled that capital gains arising from American investment firm Tiger Global\u2019s $1.6-billion stake sale in Flipkart to Walmart in 2018 are taxable in India, handing a major victory to the Union government in an important judgment that is set to shape the future of cross-border investments and treaty-based tax planning.<\/p>\n<p>Setting aside a 2024 Delhi High Court ruling that had favoured Tiger Global, a bench of justices JB Pardiwala and R Mahadevan held that the transaction was structured as an \u201cimpermissible tax avoidance arrangement\u201d and that the firm\u2019s Mauritius-based entities could not claim capital gains tax exemption under the India-Mauritius Double Taxation Avoidance Agreement (DTAA).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Thursday ruled that capital gains arising from American investment firm Tiger Global\u2019s $1.6-billion stake sale in Flipkart to Walmart in 2018 are taxable in India, handing a major victory to the Union government in an important judgment that is set to shape the future of cross-border investments and treaty-based tax planning. Setting aside a 2024 Delhi High Court ruling that had favoured Tiger Global, a bench of justices JB Pardiwala and R Mahadevan held that the transaction was structured as an \u201cimpermissible tax avoidance arrangement\u201d and that the firm\u2019s Mauritius-based entities could not claim capital gains [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-985871","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/985871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=985871"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/985871\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=985871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=985871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=985871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}