Vakrangee Limited has received a demand notice under section 156 of the Income-Tax Act, 1961, and an order under section 270A of the Income Tax Act, 1961, dated December 30, 2025. The notice determines a total demand of ₹28,90,765 for the assessment year 2018-19. The company is in the process of filing an appeal against the order.
Income Tax Demand Notice Received
Vakrangee Limited has announced the receipt of a notice of demand under Section 156 of the Income-Tax Act, 1961, coupled with an order under Section 270A of the same Act. The date of the order and the notice is December 30, 2025.
Demand Details
The demand notice specifies a total amount due of ₹28,90,765. This assessment pertains to the financial year 2018-19.
Company Response
Vakrangee Limited believes that this demand is not sustainable and is preparing to file an appeal against the order. The company does not anticipate any material impact on its financials or operations as a result of this notice.
Source: BSE
