Interarch Building Solutions Receives Tax Intimation Regarding Gratuity Deduction
Interarch Building Solutions Ltd, formerly known as Interarch Building Products Limited, has reported receiving an intimation under Section 143(1) of the Income Tax Act, 1961, from the Income Tax Department. The department's communication, received on April 21, 2026, is described as procedural and pertains to the processing of the company's income tax return.The intimation details the alleged violation concerning the deduction for payment of Gratuity during the Assessment Year 2025-26. The department has indicated that the amounts paid for gratuity have not been allowed as a deduction from the total income.
The intimation specifies the following financial demands:
| Detail | Amount (INR) |
|---|---|
| Tax Demand | 27,257,735 |
| Interest Demand | 38,55,015 |
| Total Demand | 3,11,12,750 |
Interarch Building Solutions stated that the company is currently reviewing the contents of the intimation. Management plans to file a rectification application under Section 154 to address the defect.
The company noted that this tax demand is contingent and that it anticipates the demand will be rectified or quashed. The firm stated that, overall, there is no immediate material impact on the financial, operational, or other activities of the listed entity.
INTERARCH Stock Price Movement
Today, Interarch Building Solutions Limited shares edged higher to settle at ₹2058.2, completing a 1.37% gain. The equity saw solid interest during the session, trading on a volume of 54,761 shares.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.
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