Transindia Real Estate Limited Receives Assessment Order from Income Tax Authority
Transindia Real Estate Limited has reported receiving an Assessment Order from the Income Tax Authority pertaining to search proceedings conducted at certain company premises. This development is reported in continuation of the company's earlier disclosure regarding the search proceedings.The Income Tax Authority issued the assessment order under the provisions of the Income Tax Act, 1961. The order concerns the block period spanning from April 1, 2018, to April 5, 2025.
The Company confirmed that the demand raised under this assessment order was ₹3,12,000, which has since been paid by Transindia Real Estate Limited.
Key details of the assessment order and the resulting action are summarized below:
| Aspect | Details |
|---|---|
| Issuing Authority | Income Tax Authority |
| Type of Order | Assessment Order under Section 143(3) read with Section 158BC(1)(c) of the Income Tax Act, 1961 |
| Assessment Period | 01.04.2018 to 05.04.2025 |
| Date of Order Receipt | April 28, 2026 |
| Financial Demand | ₹3,12,000 (Demand has been duly paid) |
Regarding the operational impact, Transindia Real Estate Limited stated that there is no material impact on the financials or the operations and other activities of the Company.
TREL Stock Price Movement
Transindia Real Estate Limited shares today slipped by 3.33% to close at ₹24.27. The stock traded on a volume of 102,854 shares, indicating a slightly subdued session in the market.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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