Dr. Lal PathLabs has received an Assessment Order and Demand Notice from the Income Tax Department on October 31, 2025. The notice, dated October 29, 2025, pertains to certain disallowances. The company is currently evaluating the order and plans to undertake appropriate measures, including the possibility of filing an appeal.
Details of Tax Assessment
Dr. Lal PathLabs officially announced that they have received an Assessment Order and Demand Notice from the Income Tax Department. This communication was received on October 31, 2025, at 11:54 AM (IST).
Financial Impact and Response
The assessment order relates to the financial year 2017-18. Certain additions/disallowances amounting to INR 2,79,09,783 have been made, leading to an Income Tax demand of INR 2,42,94,510.
The company reports that, except for the stated amount, this notice is not expected to have a material impact on its financials or operations. Dr. Lal PathLabs is currently reviewing the order and will take suitable steps, including the option of an appeal.
Source: BSE
