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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.

In an…

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