Thyrocare Technologies has received a demand notice from the Income Tax Department, raising a tax demand of ₹2,02,82,260 for the assessment year 2024-25. The notice, dated 27 March 2026, was received by the company on 28 March 2026.
The demand notice was issued under Section 156 of the Income-tax Act, 1961, by the Assessment Unit of the Income Tax Department. The notice bears the Document Identification Number (DIN) ITBA/AST/S/156/2025-26/1088013634(1).
Thyrocare Technologies has stated that the financial implications of this demand are not material to its financials, operations, or other activities, except for the amount specified in the notice. The company has indicated that the demand is litigative in nature and will be contested before the appropriate authorities within the stipulated timelines as provided under the law.
The company is currently evaluating the matter and intends to submit an appropriate response. This may include filing a reply or an appeal before the relevant authority, adhering to the prescribed timelines.
No penalties, restrictions, or sanctions have been imposed on Thyrocare Technologies pursuant to the communication, and no non-compliances have been identified by the authority in the notice.
The information has been disseminated on Thyrocare Technologies’ website for investor awareness.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Arunika Jain and reviewed by Aditya Bhagchandani before publication.