Tax demand of Rs 81.96 cr fully cancelled for TCI after rectification

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TCI · price

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Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹932.00

prior close

₹930.75

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.5% vs market

Logistics Solution Provider peers, median of 40sector-0.3%+0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.2 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 40Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TCI's earlier Income Tax demand of Rs 81.96 crore for Assessment Year 2024-25 has been fully cancelled. After the company filed a rectification application, the tax department corrected computational errors and allowed full credit for TDS/TCS. The rectification order dated June 15, 2026 has now been effected by the CPC, reducing the outstanding demand to Nil with no adverse financial, operational or other impact on the company.

Likely market impact

Positive — Rs 81.96 cr tax liability fully extinguished, removing the uncertainty flagged in the March 2026 disclosure with no hit to earnings.