Kaushalya Infrastructure Development Corporation Limited has informed the Exchange about General Updates

Kaushalya Infrastructure Development Corporation has informed the exchanges that it received Income Tax Assessment Orders under Sections 147 and 144 of the Income-tax Act, 1961, covering seven assessment years from 2017-18 to 2023-24. The orders were passed by the Deputy Commissioner of Income Tax, Central Circle-15, New Delhi, with demand notices issued on March 18, 2026 and received by the company on March 24 and 25, 2026. The total tax demand raised against the company aggregates to Rs. 5,45,61,668 (approximately Rs. 5.46 crore). The Income Tax Department has treated certain amounts as deemed income in the company's hands. The company has stated it does not agree with the observations and intends to contest the matter before the appropriate appellate authorities.