
Legal2 April 2026 at 10:05 am
5paisa Capital Ltd Receives Income Tax Order Involving ₹ 75,11,068 Disallowance
AI Summary
5paisa Capital Ltd has received an Order dated March 30, 2026, from the Office of the Joint Commissioner of Income Tax (OSD), Central Circle – 4(4) under the applicable provisions of the Income Tax Act, 1961. The Order involves a disallowance of certain expenses amounting to ₹ 75,11,068. The Company intends to file an appeal within the prescribed statutory timelines and is confident that it can substantiate its position with complete records and supporting documentation. The Company maintains that there is no material impact on its financial, operational, or other activities at this stage.
Key Highlights
- 5paisa Capital Ltd received an Order from the Office of the Joint Commissioner of Income Tax involving ₹ 75,11,068 disallowance
- The Order was passed under the applicable provisions of the Income Tax Act, 1961
- The Company intends to file an appeal within the prescribed statutory timelines
- 5paisa Capital Ltd is confident in substantiating its position with complete records and supporting documentation
- No material impact on the Company's financial, operational, or other activities at this stage
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