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Swiggy Gets INR 158 Cr Demand Notice From Income Tax Dept

  • Foodtech major Swiggy has received a tax demand notice of INR 158.25 Cr from the Income Tax Department.
  • The demand notice is for alleged wrongful deductions and non-payment of tax on interest income.
  • Swiggy believes it has strong arguments against the order and is taking necessary steps to protect its interests.
  • This is not the first tax notice received by Swiggy, as the company has previously faced similar demands.

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