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

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

authorVanshika vermadateMay 5, 2026
Last update on May 5, 2026
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.
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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
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
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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").

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Vanshika verma

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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.
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