We hereby submit the disclosure under regulation 30 of SEBI LODR, 2015 for the assessment order received by the company from the IT Department.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Neeraj Paper Marketing has received an income tax assessment order from the Deputy Commissioner of Income Tax for Assessment Year 2019-20, dated March 25, 2026 and received on March 30, 2026. The IT department raised a total demand of Rs. 77,56,540 after adding Rs. 52,79,800 to the company's income under Sections 28 and 69C of the Income Tax Act. No penalty or restriction has been imposed as part of the order. The company says it does not foresee any material impact on its financials or operations beyond this demand amount, and it intends to file an appeal against the assessment order.
The tax demand of around Rs. 77.6 lakhs is modest in size and management sees no material financial hit, so the stock reaction is likely muted. Investors should track the appeal outcome, as a favourable ruling could reverse the demand.