Income tax assessment order with about Rs 6.37 crore demand notice
APTECHT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Aptech Limited received an Income Tax Assessment Order under Section 143(3) for Assessment Year 2024-25 with a notice of demand of about Rs 6.37 crore. The company says the demand arose from an apparent computational error where certain deductions already claimed were not given effect to. Aptech does not expect any material financial impact, subject to rectification, and is filing an application under Section 154 of the Income Tax Act. No penalty or restriction was imposed and operations remain unaffected.
Company views the demand as a computational mistake, expects no material financial hit, and is pursuing rectification. Limited near-term shareholder concern.