Dynamatic Technologies has received an order under Section 92CA (3) of the Income Tax Act, 1961, from the Income Tax Authority for the assessment year 2023-24. The order relates to transfer pricing adjustments on delayed management fee receivables. The potential impact is quantified at approximately ₹10.91 lakhs. The company plans to file objections with the Income Tax Appellate Authorities.
Income Tax Order Details
Dynamatic Technologies has been notified of an order under Section 92CA (3) of the Income Tax Act, 1961. The notification, received on January 19, 2026, pertains to the assessment year 2023-24.
Key Issues and Financial Impact
The order involves recomputation of transfer pricing adjustments related to arm’s length interest on delayed management fee receivables. The Deputy Commissioner of Income Tax, DC/ACIT 1(1)(1), Bangalore, issued the order. The potential financial impact, before final assessment, is estimated at around ₹10.91 lakhs (approx.).
Company Response
Dynamatic Technologies intends to contest the order and will be filing objections/responses with the Income Tax Appellate Authorities within the mandated timelines. The company is evaluating the full impact of the order on its financial statements, including any potential tax demand and penalties.
Source: BSE
