Radaan Mediaworks India Limited Receives Income Tax Demand of Rs 1.72 Crore
Radaan Mediaworks India Limited has received a demand notice regarding income tax for multiple financial years, issued by the Deputy Commissioner of Income-Tax, TDS Circle-2 in Chennai. The action pertains to the company's obligations under sections of the Income Tax Act, 1961.The demand was issued based on orders passed under Sections 201(1) and 201(1A) of the Income Tax Act, 1961. The notices concern financial years 2021-22, 2022-23, and 2024-25, and were received by the company in July 2026.The total impact of the demand on Radaan Mediaworks is Rs 1,72,49,691/-, which includes interest. The company stated that this liability has been fully recorded in its...