Indian Railway Catering And Tourism Corporation Limited (IRCTC) — Announcement Announcement
📢 Key Event
IRCTC received ₹81.65 lakh income tax demand notice for AY 2024-25 citing under-reported income.
🔄 What Changed
New tax liability exposure of ₹81.65 lakhs for Assessment Year 2024-25; previously undisclosed
🔮 What's Next
IRCTC will contest the demand before tax authorities within stipulated legal timelines
💡 Investor Takeaway
The demand is contested and not yet a confirmed liability, but represents near-term legal and financial uncertainty for shareholders.
⚠️ Risks
Tax demand is litigative; outcome depends on appeal proceedings; potential additional liability if upheld
IRCTC received an income tax demand notice on March 26, 2026, for Assessment Year 2024-25 alleging under-reporting of total income. The Income Tax Department issued a demand of **₹81.65 lakhs**. IRCTC stated the demand is litigative and can be contested before authorities within stipulated legal timelines, indicating the company views this as contestable rather than a settled liability.
📄 View Original Announcement (PDF)
About Indian Railway Catering And Tourism Corporation Limited (IRCTC)
Consumer Services · Leisure Services · Listed on NSE
Market Cap: ₹42,876 Cr
P/E: 34.6
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.