Delhivery Limited has informed the Exchange about orders passed by Income Tax
DELHIVERY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Delhivery has won an appeal against a penalty of Rs. 1,36,95,768 (about Rs. 1.37 crore) that was earlier imposed on it by the Income Tax Assessing Officer under Section 271(1)(c) of the Income Tax Act for assessment year 2016-17. The Commissioner of Income-tax (Appeals), New Delhi, passed an order on December 26, 2025, completely deleting the penalty. The order was retrieved from the tax portal on January 5, 2026, and disclosed to the exchanges on January 6, 2026. The company has stated there is no impact on its financials, operations, or other activities from this outcome.
Positive for shareholders — a potential tax liability of around Rs. 1.37 crore has been fully set aside, removing a small overhang on the company. The matter is now closed in Delhivery's favour.