HC gives interim relief to Flipkart India on Rs 1,100 crore tax notice

In a relief to Flipkart India, the Karnataka High Court has granted an interim stay on the over `1,100-crore tax demand on the e-commerce major for assessment years 2016-17 and 2017-18. The tax had to be deposited within four days from January 31, following which it had moved the High Court. In its order, the court also gave interim protection to Flipkart India from coercive measures until the next date of hearing.

The submission on behalf of the respondents is that there cannot be any prohibition in law against issuance of notice, but during the appeal period, no coercive measures may be taken and as such, coercive measures will not be taken. This assurance shall be in force until the next date of hearing, and the office is directed to re-list this petition on February 24, 2023,” the High Court said in its order dated February 6.