E-commerce platform Meesho has been served with an income tax demand of nearly Rs 1,500 crore for the assessment year 2023–24. The demand, issued under the Income Tax Act, includes applicable interest. Meesho has expressed its disagreement with the tax department’s findings and intends to contest the order.
The tax authorities raised the demand through an assessment order under Section 143(3) of the Income Tax Act, 1961, accompanied by a demand notice under Section 156. Meesho, in response, stated that it does not agree with the observations and adjustments made in the assessment order. The company is currently reviewing the order and preparing to challenge it based on legal and factual grounds.
Meesho clarified that the tax demand will not significantly impact its financial standing, business operations, or other activities. The company assured that it has sufficient legal and factual support to challenge the order and is taking necessary steps to safeguard its interests. Meesho also mentioned a previous tax demand for the assessment year 2022–23, which is under review by the Karnataka High Court following an interim stay granted on the demand notice in April 2025.
