Archive · 30 Jun 2025
Delhivery Faces Tax Penalty, Acquires Ecom Express
Delhivery, a delivery company, was fined Rs 1.36 crore by the Income Tax department due to some past expenses.
The company plans to fight the fine, saying it won't hurt their business.
This follows a previous notice regarding taxes.
Delhivery also bought another company called Ecom Express for a large sum after making a profit last year.
Delhivery received a Rs 1.36 crore penalty order from the Income Tax department.
The penalty pertains to certain expenses of Rs 3.95 crore during the financial year 2015-16.
Delhivery stated it would contest the order and that it won't impact its operations or finances.
Previously, Delhivery received a show-cause notice for Rs 49.19 crore from GST Intelligence.
Delhivery acquired Ecom Express for Rs 1407 crore after reporting a profit in FY25.
- Who
- Delhivery, a logistics company.
- What
- Delhivery received a penalty order from the Income Tax department and acquired Ecom Express.
- When
- The penalty order was received on June 28.
- Where
- The penalty order came from the Income Tax department in Delhi.
- Why
- The penalty relates to certain expenses from 2015-16, but the specific reason is not mentioned in the articles.
- Penalty Amount
- Rs 1.36 crore
- Penalty Order Date
- June 28
- Financial Year
- 2015-16
- Expense Amount
- Rs 3.95 crore
- Acquisition
- Ecom Express
- Acquisition Cost
- Rs 1407 crore
- FY25 Profit
- Rs 72.6 crore