Flipkart founders get $21m tax relief from Indian tribunal

Flipkart founders get $21m tax relief from Indian tribunal

REUTERS/Abhishek N. Chinnappa

The Bangalore Income Tax Appellate Tribunal (ITAT) on Thursday dismissed an income tax appeal of adding 152 crore of undisclosed on Flipkart founders when they exited ‘UrbanTouch.com’ in 2012.