Delhivery Faces ₹1.37 Crore Income Tax Penalty

Delhivery Limited has received an order from the Income Tax Department imposing a penalty of ₹1,36,95,768 under Section 271(1)(c) of the Income Tax Act, 1961. The penalty relates to the disallowance of expenses worth ₹3.96 crore for the financial year 2015–16. The company has stated that it will contest the order before the appropriate authority. Importantly, Delhivery confirmed that this development has **no material impact** on its financials or operations.