5paisa Capital receives GST order demanding ₹31.97 Lakhs; plans appeal
5paisa Capital Limited has received an order dated December 29, 2025, from the Deputy Commercial Tax Officer, Chennai, concerning alleged incorrect tax liability and excess Input Tax Credit (ITC) for ...
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Why is 5Paisa Capital Limited in the news today?
5Paisa Capital Limited (5PAISA) is in the news due to the company has received a demand order from tax authorities, which is a negative development.
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5paisa Capital receives GST order demanding ₹31.97 Lakhs; plans appeal
January 1, 2026, 06:49 AM
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5paisa Capital Limited has received an order dated December 29, 2025, from the Deputy Commercial Tax Officer, Chennai, concerning alleged incorrect tax liability and excess Input Tax Credit (ITC) for the Financial Year 2021-22.
The order confirms a demand of ₹31,97,477, including applicable interest and penalties, under the Central Goods and Services Tax Act, 2017, the Tamil Nadu Goods and Services Tax Act, 2017, and the Integrated Goods and Services Tax Act, 2017.
The company received the order on December 31, 2025. 5paisa Capital Limited is currently evaluating the order and plans to file an appeal within the prescribed statutory timelines. The company maintains that it has complete records and is confident in substantiating its position. At this stage, there is no material impact on the financial, operational, or other activities of the company.
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