Awfis Space Solutions Limited has successfully resolved tax litigation with the GST Department regarding several financial years. The authorities have officially dropped demands totaling ₹2,96,64,251 after reviewing the company’s submissions. This favorable outcome concludes proceedings for the 2019-20, 2023-24, and 2024-25 financial years, providing clarity and relief to the company’s financial standing. Litigation concerning other remaining financial years continues to be pending with the relevant authorities.
Resolution of Tax Disputes
Awfis Space Solutions has received positive developments regarding ongoing tax scrutiny. On April 30, 2026, the company was notified that the GST Department has dropped tax demands related to three distinct financial years. The proceedings, which originated from an inspection conducted on November 6, 2024, have now reached a conclusion for those specific periods with no further liability for the company.
Breakdown of Dropped Demands
The total demand amount of ₹2,96,64,251 has been successfully cleared following the issuance of final orders under the GST Act. The dropped amounts are as follows:
- FY 2019-20: Demand of ₹58,67,434 dropped.
- FY 2023-24: Demand of ₹1,00,10,817 dropped.
- FY 2024-25: Demand of ₹1,37,86,000 dropped.
Ongoing Status
While the company has achieved a favorable resolution for the aforementioned years, it noted that proceedings for the remaining financial years, specifically 2020-21, 2021-22, and 2022-23, remain pending with the concerned authorities. The company continues to cooperate with the department to resolve these outstanding matters.
Source: BSE
