NEW DELHI: India’s top court has ruled that Tiger Global’s $1.6 billion stake sale in Indian e-commerce firm Flipkart to Walmart in 2018 is subject to taxes, handing a win to New Delhi in a landmark ruling on use of international tax treaties by companies. Unilever’s India arm gets $174 million tax order Keenly watched by foreign investors, the legal dispute relates to how the U.S. investment firm used the India–Mauritius tax treaty to claim tax exemptions and New Delhi’s fierce objections to it. The ruling will have implications for how India applies tax principles in cross-border deals.