Announced Tue, 28 Apr · 18:18 IST
Tax demand of Rs 6.38 cr reduced to NIL after rectification
Regulatory & Legal View source PDF
VENTIVE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹621.00
prior close
₹630.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.3-1.1-2.1-0.8-0.3+0.6+1.8+5.2+9.2+0.3+1.4+1.2—
Up moveDown movePending
AI summary
Ventive Hospitality's Rs 6.37 crore tax demand from March 2026 has been reduced to NIL after the Assessing Officer accepted its rectification application. The demand was due to a computation error in the assessment order, not a change in assessed income. The rectification order was received on April 27, 2026.
Likely market impact
Positive — eliminates a Rs 6.38 crore tax liability for the company, improving near-term cash flow and reducing financial uncertainty.