Interarch Building Solutions Limited has received a tax demand notice amounting to ₹3,11,12,750 from the Income Tax Department for the assessment year 2025-26. The notice, issued under Section 143(1) of the Income Tax Act, 1961, was received on 21 April 2026, as per the company’s disclosure to the National Stock Exchange of India.
The Centralized Processing Centre of the Income Tax Department has raised the demand due to the disallowance of a deduction for the payment of gratuity. The company had claimed this deduction in its income tax return, but it was not allowed, leading to the additional tax liability. The total demand includes ₹2,72,57,735 in tax and ₹38,55,015 in interest.
Interarch Building Solutions has stated that it will file a rectification application under Section 154 of the Income Tax Act to address the issue. The company is currently reviewing the intimation and plans to take appropriate steps within the prescribed timelines.
The company clarified that there is no immediate material impact on its financial, operational, or other activities due to this contingent tax demand. Interarch Building Solutions emphasised its commitment to good corporate governance by making this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).