Indian Railway Catering and Tourism Corporation (IRCTC) has received a demand notice under section 156 of the Income Tax Act, 1961, according to a regulatory filing with the National Stock Exchange on 27 March 2026.
The demand notice, issued by the Assessment Unit of the Income Tax Department on 26 March 2026, pertains to Assessment Year 2024-25. The notice, bearing DIN ITBA/AST/S/156/2025-26/1087952314(1), specifies a total demand of ₹81,65,140 on account of under-reporting of total income for the assessment year.
According to IRCTC’s disclosure, the financial exposure arising from the liability determined by the department stands at ₹81,65,140. However, the company has noted that the demand specified in the notice is litigative in nature and can be contested before the competent authorities within the stipulated timelines as provided under the applicable law.
The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires listed entities to inform stock exchanges of material events and information that may be relevant to investors. The company has informed both the BSE (Scrip Code: 542830) and the NSE (Scrip Symbol: IRCTC) of the development.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).