Supreme Court Rules Flipkart Stake Sale Taxable: Tiger Global Faces ₹14,500 Crore Blow
Supreme Court holds Tiger Global’s Flipkart stake sale taxable in India, rejecting Mauritius DTAA benefits and calling the structure tax avoidance.
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Supreme Court holds Tiger Global’s Flipkart stake sale taxable in India, rejecting Mauritius DTAA benefits and calling the structure tax avoidance.
Karnataka High Court rules that liquidated damages are compensation, not a service, and not taxable under GST. Court orders ₹5 crore GST refund to assessee.
Madras High Court rules that GST officers must use alternate modes of notice service under Section 169 before passing ex-parte orders. Landmark ruling in S.P. Forms v Deputy State…
Patna High Court rules that taxpayers are not required to prove the “source of source” under Section 68 once creditor identity is established. ITAT order set aside, major relief i…
Madras High Court rules that deductions under Sections 80IA and 80HHC can be claimed together, but total deduction cannot exceed 100% of business profits.