Datamatics Global Services Receives Demand Notice from Income Tax Department
Datamatics Global Services Ltd. announced on March 28, 2026, that it received a Demand Notice from the Income Tax Department under Section 156 of the Income-Tax Act, 1961. The notice pertains to assessment year 2020-21 and includes a demand of Rs. 1,34,107, which incorporates Rs. 56,138 in interest.The Demand Notice alleges non-deduction of tax on certain foreign payments. The company is currently evaluating the order and plans to take appropriate action within the prescribed timelines.
According to the company, the Demand Notice is not expected to have a material impact on its financials, operations, or other activities.
Further details regarding the notice are available on the company's website at www.datamatics.com.
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