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Informative

Delhi HC Stays INR 1,140 Cr Angel Tax Demand Against OYO

Update / Judgement Date

13 Jul 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Income TaxOther Legal Matters

The Delhi High Court has stayed an ₹1,140 crore "angel tax" demand against OYO. This significant relief for the hospitality tech giant temporarily halts the recovery of a large tax demand related to angel tax, which is levied on share premiums received by startups above their fair market value. The stay indicates that the court will examine the merits of OYO's challenge against the tax demand. This development is crucial for OYO, offering a temporary reprieve from a substantial financial burden.