Indian Railway Catering and Tourism Corporation Receives Income Tax Demand Notice
Indian Railway Catering and Tourism Corporation Limited (IRCTC) announced today, March 27, 2026, that it has received a demand notice under Section 156 of the Income Tax Act, 1961. The notice, received from the Assessment Unit, Income Tax Department, pertains to the Assessment Year 2024-25.The notice, identified as DIN ITBA/AST/S/156/2025-26/1087952314(1) dated March 26, 2026, specifies a total demand of ₹81,65,140 due to an alleged underreporting of total income.
IRCTC stated that the demand represents a financial exposure of ₹81,65,140. The company intends to contest the demand through legal channels within the prescribed timelines. The company noted that the demand is litigative in nature.
Suman Kalra, Company Secretary and Compliance Officer of IRCTC, made the announcement.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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.