Flipkart's InstaKart, Swiggy Payments To Vendors Under Tax Scanner
India, Jan. 8 -- India's income tax department, on Thursday (January 7), conducted a survey at Flipkart-owned logistics company Instakart and food aggregator Swiggy's offices in Bengaluru.
The survey is still ongoing and both the companies said that they were cooperating with the tax authorities. Swiggy said, "As a law-abiding company, we are in full compliance with the tax and legal mandates. The survey by the IT officials is currently underway and our team is extending full cooperation to the concerned authorities."
The authorities are looking to ascertain the veracity of payments made by the companies to Merlin Facilities Private and Surya Team Management, two of their vendors, who had supplied staff to the two companies. A person aw...
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