Swiggy Gets INR 158 Cr Demand Notice From Income Tax Dept

The company is alleged to have wrongly availed deductions for “cancellation charges paid to merchants”

Swiggy said it believes that it has strong arguments against the order and is taking necessary steps to protect its interest through review/appeal

This comes a week after Swiggy received a demand notice of INR 99 Lakh from Bengaluru Income Tax authorities for the period between April 2017 and March 2018

Foodtech major Swiggy has received a tax demand notice from the Income Tax (I-T) Department to pay an…