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Assessment proceedings in Tiger Global case to revive soon, say CBDT sources
Financial Express Kochi
|January 17, 2026
WITH THE SUPREME Court’s landmark judgment delivered on January 15, ruling that capital gains from Tiger Global's 2018 stake sale in Flipkart (as part of Walmart's acquisition) are taxable in India, the assessment proceedings for the concerned firms for 2019-20, which had effectively remained in abeyance due to litigation, will now revive swiftly, sources from the Central Board of Direct Taxes (CBDT) said on Friday.
The assessing officer is expected to complete the assessments in line with the SC's final ruling, the sources said. The firms' refund claim of ₹967.52 crore (withholding tax) will now be addressed as part of the assessment and any consequential demand proceedings, the sources added.
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