Income tax demand of Rs 2.55 crore for AY 2013-14, company says no material impact
EXPLEOSOL · price
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Expleo Solutions received an order from the Income Tax department for Assessment Year 2013-14. A demand of Rs 2,55,42,956 (about Rs 2.55 crore) was raised due to disallowance of MAT credit of Rs 83 lakh. The order under section 115JAA was dated January 14, 2026, and received by the company on January 27, 2026. The company stated there is no material impact on its financials, operations, or other activities.
Old tax year demand with no material impact stated by the company. Shareholders should monitor if the company decides to contest or pay.