The income-tax (I-T) department is conducting surveys at Instakart, a group company of e-commerce giant Flipkart, and food delivery firm Swiggy in Bengaluru. The surveys are related to an alleged bogus input tax credit connected to the external vendors of these firms, according to the sources.
A team of I-T department officials reached the office of Instakart, located on the Flipkart campus in Bengaluru, on Wednesday. “They are investigating Merlin and Surya Services, which are the third-party vendors for Instakart,” said a person familiar with the matter. “Due to these vendors, Instakart got entangled into this situation.”
According
A team of I-T department officials reached the office of Instakart, located on the Flipkart campus in Bengaluru, on Wednesday. “They are investigating Merlin and Surya Services, which are the third-party vendors for Instakart,” said a person familiar with the matter. “Due to these vendors, Instakart got entangled into this situation.”
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