Nucleus Software Exports has been issued an order by the Income Tax Department, Delhi, imposing an interest demand of ₹46,382. This demand arises from the late deduction of Tax Deducted at Source (TDS) for the assessment year 2020-21.
The order was received by the company on 30 March 2026, as detailed in the regulatory filing submitted to the National Stock Exchange of India (NSE). The interest demand was raised by the assessing officer, highlighting the company’s delay in TDS deduction on certain transactions.
Despite the issuance of this order, Nucleus Software Exports has confirmed that the financials, operations, and other activities of the company remain unaffected. The company emphasised that the order has no material impact on its business activities.
This update was communicated in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is part of the company’s ongoing compliance with disclosure norms.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).