Swiggy Gets INR 99 Lakh Tax Demand Notice

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SUMMARY

The foodtech giant received an income tax demand notice of INR 53.5 Lakh along with an interest of INR 45.44 Lakh.

The order was passed by the deputy commissioner of Income Tax department, TDS Circle, Bengaluru for April 2017 to March 2018 period

Swiggy is looking to file an appeal against the order

Foodtech major Swiggy has received an income tax demand notice of INR 53.5 Lakh. Besides the tax, the company has also been asked to pay an interest of INR 45.44 Lakh, taking the total amount to INR 98.9 Lakh.

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Swiggy Gets INR 99 Lakh Tax Demand Notice


SUMMARY

The foodtech giant received an income tax demand notice of INR 53.5 Lakh along with an interest of INR 45.44 Lakh.

The order was passed by the deputy commissioner of Income Tax department, TDS Circle, Bengaluru for April 2017 to March 2018 period

Swiggy is looking to file an appeal against the order

Foodtech major Swiggy has received an income tax demand notice of INR 53.5 Lakh. Besides the tax, the company has also been asked to pay an interest of INR 45.44 Lakh, taking the total amount to INR 98.9 Lakh.

In an…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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