CYBERMEDIA NSE filing

Cyber Media receives ₹54 Lakh tax demand order for FY02, plans legal challenge

The RealCase readMedium impact Negative

Cyber Media received a tax demand order of ₹54.07 lakh for FY 2001-02. The company disagrees with the order and plans to contest it legally through a writ petition.

Why it matters

While the company states there is no operational impact, the monetary demand of over ₹54 lakh could affect finances if not successfully contested, warranting a medium impact assessment.

The market read

The company has received a significant tax demand order, which is a negative development.

Cyber Media (India) Limited has received an order dated September 07, 2026, from the State Tax Officer, Commercial Taxes Department, T. Nagar Assessment Circle, Chennai, Tamil Nadu. The order demands a total of ₹54,07,051. This includes ₹7,42,580 towards tax for the financial year 2001-02 under Rule 16 and 18 of the Tamil Nadu General Sales Tax Rules, 1959, and ₹46,64,471 under Sections 12(3), 16, 22(2), and 23 of the Tamil Nadu General Sales Tax Act, 1959.

The company stated that there is no impact on its operations or other activities. Cyber Media is not in agreement with the demand order, considering it to be passed against settled law. The company intends to pursue the matter legally, including filing a writ petition, in consultation with its financial and legal teams and advisors.

Filing to action

What to do with a filing like this

Cyber Media (India) Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Cyber Media (India) Limited. Read the original for the full detail.

View original filing