September 22, 2024

Report Wire

News at Another Perspective

Income Tax Dept conducts surveys at Flipkart, Swiggy workplaces in reference to bogus Input Tax Credit

1 min read

Image Source : FILE PHOTO Income Tax Dept conducts surveys at Flipkart, Swiggy workplaces in reference to bogus Input Tax Credit
The Income Tax Department on Thursday performed surveys on the head workplaces of Instakart – a gaggle firm of Flipkart – and Swiggy in Bengaluru. The surveys have been underway in reference to bogus Input Tax Credit (ITC), information company ANI quoted sources as saying. 

 

Meanwhile, Flipkart mentioned it was offering all required info and increasing full cooperation. 

 

“The officials from the Income Tax Department have contacted us. We are providing them with all the required information and are extending our full co-operation. We believe we are in full compliance with all applicable tax and legal requirements,” a spokesperson of the e-commerce platform mentioned.

 

Latest Business News