Indian Railway Catering And Tourism Corporation Limited has informed the Exchange about disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
IRCTC · price
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IRCTC has received a demand notice from the Income Tax Department's Assessment Unit under Section 156 of the Income Tax Act, 1961, dated March 26, 2026. The demand relates to Assessment Year 2024-25 and pertains to alleged under-reporting of total income. The total financial demand raised is ₹81,65,140 (approximately ₹81.65 lakhs). The company has stated that the demand is litigative in nature and it intends to contest it before the appropriate authorities within the legal timelines. This disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015.
The tax demand of ₹81.65 lakhs is relatively minor for a large PSU like IRCTC and is unlikely to have any material impact on its operations or stock price. The company plans to contest the demand, and no immediate payment or financial penalty has been crystallized.