Dr. Lal Path Labs Ltd. has informed the Exchange about receipt of an Assessment Order and Demand Notice issued by Income Tax Department.
LALPATHLAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dr. Lal Path Labs has received an Income Tax Assessment Order and Demand Notice from the Income Tax Department on October 31, 2025, relating to Financial Year 2017-18. The tax authorities have made additions/disallowances of approximately ₹2.79 crore and raised an income tax demand of about ₹2.43 crore under Sections 147, 144B, and 156 of the Income Tax Act, 1961. The company has stated there is no material impact on its financials, operations, or other activities beyond this demand amount. The company is examining the order and intends to file an appeal against it.
The demand of ~₹2.43 crore is small relative to the company's size and is described as non-material, so the immediate financial impact is limited. However, the stock may see a mild negative reaction due to the tax dispute, though the planned appeal offers a chance for relief.