Blue Dart Express Limited has disclosed receiving a Notice of Demand under Section 156 of the Income Tax Act, 1961, on March 30, 2026, totaling Rs. 70,58,98,292/- for Assessment Year 2018-19. The demand primarily stems from the disallowance of a CSR deduction claimed under Section 80G, alongside demands for short credit of advance tax and interest levies. The company is currently evaluating the matter and plans to file an Appeal or Rectification in due course.
Disclosure of Tax Assessment Order
Blue Dart Express Limited has formally announced that it received a Notice of Demand under Section 156 of the Income Tax Act, 1961. The official receipt date of this communication was late evening on March 30, 2026.
Demand Details for AY 2018-19
The total demand issued by the Income Tax Department’s Assessment Unit for the Assessment Year 2018-19 stands at Rs. 70,58,98,292/-. A detailed review of the underlying order reveals the primary causes for this demand:
- The tax officer has disallowed the deduction claimed under Section 80G (CSR expenditure), amounting to Rs. 1,68,43,609/-.
- The remaining balance of the demand is attributed to the short grant of credit for advance tax/self-assessment tax.
- Levy of interest under Sections 234B and 234C of the IT Act.
- Adjustments related to refunds already issued in the past.
Company Response and Next Steps
The company has confirmed that it is currently evaluating the matter in detail. Following this evaluation, Blue Dart Express Limited intends to file an Appeal or Rectification application in due course to address the raised tax demand. The disclosure notes that this action is currently being assessed and is not expected to immediately impact financial or operational activities in a quantifiable monetary sense at this preliminary stage.
Source: BSE
