Blue Dart Express Limited Receives Income Tax Demand Notice

Blue Dart Express Limited Receives Income Tax Demand Notice

Blue Dart Express Limited Receives Income Tax Demand Notice​

Blue Dart Express Limited announced it received a notice of demand under Section 156 of the Income Tax Act, 1961, on March 30, 2026. The notice pertains to Assessment Year 2018-19 and includes a demand of Rs. 70,58,98,292.

The demand primarily arises from a disallowance of Corporate Social Responsibility (CSR) deductions claimed under Section 80G of the Income-tax Act, 1961. The tax officer disallowed a deduction of Rs. 1,68,43,609. Additionally, the notice includes amounts related to short grants of advance tax/self-assessment tax, levy of interest under Sections 234B and 234C of the IT Act, and refunds previously issued.

Blue Dart Express Limited is currently evaluating the matter and intends to file an appeal or rectification in due course. The company will assess the impact on its financial, operational, or other activities.

DetailInformation
AuthorityIncome Tax Department
Demand AmountRs. 70,58,98,292
Assessment Year2018-19
Disallowed CSR DeductionRs. 1,68,43,609
Date of NoticeMarch 30, 2026

Source:​

 

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Editorial Note

This news article was written and created by Karthik, and published on IST.
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