Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015.
DATAMATICS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Datamatics Global Services received a demand notice from the Income Tax Department under Section 156 of the Income-Tax Act, 1961 for assessment year 2020-21. The total demand is Rs. 1,34,107, which includes interest of Rs. 56,138. The demand relates to alleged non-deduction of tax on certain foreign payments. The company received the notice on March 27, 2026, and is evaluating the order to take appropriate action within prescribed timelines. The company has stated there is no material impact on its financials, operations, or other activities.
The demand amount is very small (Rs. 1.34 lakh) relative to the company's size, and management has confirmed no material impact. Shareholders are unlikely to see any meaningful effect on the stock price from this routine tax notice.