5paisa Capital Receives Rs 33 Crore Tax Demand Order, Plans Legal Challenge:

5paisa Capital Limited received a Rs 33 crore tax demand from income tax authorities and plans to challenge the order.
5paisa to Challenge Rs 33 Cr Demand

5paisa Capital Receives Rs 33 Crore Tax Demand Order, Plans Legal Challenge
5paisa capital limited, a prominent Indian technology-driven, low-cost discount broker founded in 2016, providing online trading in stocks, mutual funds, and commodities, recently disclosed to NSE Ltd and BSE Ltd the receipt of a demand order.
Background
The company stated that the income tax authority has passed a demand order of Rs 330,251,362 under section 158C(1)(c) of the Income Tax Act, 1961.
Company's response
The company further stated that it has already paid all the taxes it was supposed to. It believes it has strong facts and legal support to prove this. Because of that, it doesn’t think these orders will have any major effect on its money or business operations. The company is currently looking at its options and will challenge these orders under the law.
Key Details
Company's disclosure
The company made the above disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations").
| Particular | Details |
| Company | For 5paisa Capital Limited |
| Issuing Authority | Joint Commissioner of Income tax (OSD), Central Circle – 4(4), Mumbai (“IT Authority”) |
| Date of receipt | May 04, 2026 |
| Demand | Rs 330,251,362 |
| Violation | Section 158BC(1)(c) of Income Tax Act, 1961 |
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
1546My Recent Articles
- ITAT Quashes Reassessment Against Temple Society Over Missing Mandatory Section 143(2) Notice; Rs 97.50 Lakh Addition DeletedPremium
- CBDT Clarifies Repeal, Savings Provisions Under Income-tax Act, 2025
- India Orders Provisional Assessment of Chinese Insoluble Sulphur Imports Amid Anti-Absorption Review
- Government Notifies Customs Duty and IGST Exemption for Temporary Import of Animals under India–UK CETA
- Afcons Infrastructure Receives Rs 16.48 Crore Penalty Order, Plans to Challenge It
Up Next
Loading suggestions…
Recent Posts

All Posts

Recent Posts

All Posts








