The Supreme Court of India, in Authority for Advance Rulings (Income-tax) v. Tiger Global International II Holdings (SLP (Civil) Diary No. 1251 of 2025), passed an interim order staying the operation, implementation, and execution of the judgment dated 28.08.2024 rendered by the Delhi High Court in W.P.(C) No. 6765 of 2020, which had interfered with the order passed by the Authority for Advance Rulings.

The Special Leave Petition was filed by the Revenue challenging the judgment of the Delhi High Court. Upon hearing the learned Additional Solicitor General appearing for the Revenue and the learned senior counsel appearing for the respondent-assessee, the Supreme Court condoned the delay in filing the petition and issued notice, returnable on 14.02.2025.

The Court recorded that the issues raised in the petition require thorough consideration. In the meantime, the Supreme Court directed that the impugned judgment and order passed by the High Court shall remain stayed from its operation, implementation, and execution.

The matter thus remains pending for final adjudication before the Supreme Court, and the legal position as determined by the Delhi High Court does not presently operate.

Source link- https://api.sci.gov.in/supremecourt/2025/1251/1251_2025_14_34_58767_Order_24-Jan-2025.pdf

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