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LuLu Mall Lucknow Clarifies Income Tax Matter

ANYTIME NEWS NETWORK. LuLu Mall Lucknow and LuLu Hypermarket reaffirm their strong commitment to Uttar Pradesh and the people of Lucknow, whose overwhelming support has made the mall a landmark destination in the region.

LuLu has made significant long-term investments in the state, largely funded through bank financing, reflecting its confidence in the local economy and its commitment to sustainable growth.

In response to recent reports regarding the Income Tax Department freezing it’s bank accounts, , LuLu clarifies that it is a fully compliant organisation that has duly responded to all statutory notices in accordance with applicable laws. An income tax demand, totally unjust was subsequently challenged before the Hon’ble High Court, which, by its order dated 22 April 2025, directed that no coercive action be taken until the matter is adjudicated. The appeal and stay application are currently pending before the Commissioner of Income Tax (Appeals) and the matter stands resolved for the present.

LuLu strongly refutes baseless allegations circulating on social media and remains focused on delivering world-class retail experiences. The Group continues to serve the people of Lucknow and Uttar Pradesh with dedication, integrity, and long-term commitment to invest further in the state.

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