Sambhaav Media Limited Receives Refund from Income Tax Department Following Rectification Order
Sambhaav Media Limited has received a rectification order from the Income Tax Department concerning the Assessment Year 2018-19, resulting in a substantial refund paid to the company. The communication regarding this matter was received on June 4, 2026.The rectification order pertains to correcting the original assessment made by the Income Department. Following this review, Sambhaav Media Limited has been paid a refund amount of INR 32,59,4541 (Thirty Two Lac Fifty-Nine Thousand Four Hundred Fifty-Four Onty).
This transaction details the outcome of the tax department's action regarding the Assessment Year 2018-19. The company reported that an initial penalty or deduction amounting to INR 43,22,9800 (Forty Three Lac Twenty Two Thousand Nine Hundred and Eighty Onty) had been made and subsequently rectified.
The financial details of this regulatory outcome are presented below:
| Detail | Amount/Date |
|---|---|
| Assessment Year | 2018-19 |
| Date of Order Receipt | June 4, 2026 |
| Original Deduction (Rectified) | INR 43,22,9800 |
| Refund Received | INR 32,59,4541 |
The company confirmed receipt of the funds in connection with the rectification order issued by the Income Tax Department.
SAMBHAAV Stock Price Movement
Today, shares of Sambhaav Media Limited gained 0.15%, closing the trading session at ₹6.55. The stock saw activity ranging between a high of ₹6.81 and a low of ₹6.49, with 14,365 shares traded during the day.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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