Delhivery gets Rs 1.36 crore penalty order from Income Tax department
Delhivery faces a Rs 1.32 crore penalty from the Income Tax department for FY16 expenses. The logistics firm, which recently acquired Ecom Express for Rs 1407 crore and turned profitable in FY25, plans to contest the order, stating it won't materially impact operations or financials. This follows a recent GST show-cause notice for Rs 49.19 crore. | Source: The Financial Express
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