Themis Medicare Receives Notice Regarding Outstanding Tax Demands
Themis Medicare Ltd. announced today, March 26, 2026, that it received a notice under Section 226(3) of the Income Tax Act, 1961, from the Office of the Assistant Commissioner of Income Tax, Vapi Circle, Vapi. The notice pertains to outstanding tax demands for assessment years 2017-18, 2018-19, and 2020-21.The company is taking steps to defend the matter, including planning to file an appeal within the prescribed timelines. Themis Medicare believes it has adequate grounds to support its position.
The aggregate outstanding tax demands are approximately Rs. 13.32 crore, comprised of demands for AY 2017-18 (Rs. 8.71 crore), AY 2018-19 (Rs. 4.17 crore), and AY 2020-21 (Rs. 0.44 crore). The company stated that the matter does not anticipate any adverse impact on its financial position or operations.
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.