Supreme Court Upholds Tax on Tiger Global's Flipkart Exit
The Supreme Court of India has ruled that capital gains from Tiger Global's exit from Flipkart in 2018 are taxable in India. Justice JB Pardiwala emphasized that international tax treaties should prioritize national interest over foreign pressures. He outlined the need for treaties to include safeguards that protect India's economic sovereignty and revenue base. The court's decision reinforces the importance of transparency and periodic reviews in tax agreements. Tiger Global had sought an Advance Authority Ruling from the Income Tax Department in February 2019 regarding this matter.
Published 2 days ago • 17 Jan 2026, 01:17 PM IST