Accelya Solutions India Limited Receives Income Tax Order and Show Cause Notice
Mumbai – March 19, 2026 – Accelya Solutions India Limited announced today that it has received an order under section 143(3) read with section 144B of the Income Tax Act, and a show cause notice under section 270A of the Act, from the Assessment Unit, Income Tax Department, pertaining to the financial year 2022-23.The order from the Income Tax Department results in an income tax demand of Rs. 1,749.08 lakhs due to certain additions and disallowances. The company is preparing to file an application and appeal against this order with the appropriate authority. Simultaneously, Accelya is formulating a response to the received show cause notice.
According to the company, this development is not expected to have a material impact on its financial, operational, or other activities.
| Name of Authority | Details of Action | Date of Receipt | Details of Violation/Contravention | Impact on Financial/Operational Activities |
|---|---|---|---|---|
| Assessment Unit, Income Tax Department | Order under section 143(3) read with section 144B and Show Cause Notice under section 270A | March 18, 2026 | Additions/disallowances resulting in a tax demand of Rs. 1,749.08 lakhs | No material impact expected |
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