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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ansal Housing Ltd received an Assessment Order under Section 143(3) read with Section 144B of the Income-tax Act, 1961, along with a Notice of Demand for ₹19,20,46,800 (approximately ₹19.2 crore) for Assessment Year 2024-25, received on 27th March 2026. The demand arises from tax adjustments including expense disallowances, differences in income recognition, and other adjustments made during assessment proceedings. The company states there is no immediate impact on its financial or operational activities and is filing an appeal before the appropriate authority based on legal advice, believing it has adequate grounds to contest the demand. The company also disclosed a delay in informing the exchange, citing time taken for internal assessment of materiality and evaluation of the order's implications.
The ₹19.2 crore tax demand is material but the company denies immediate financial or operational impact and plans to contest it through appeals. The delayed disclosure may attract regulatory scrutiny, and investors should monitor appeal outcomes.