Expleo Solutions faces ₹2.55 Crore Income Tax Demand for AY 2013-14
Expleo Solutions received an Income Tax demand of ₹2.55 Crore for AY 2013-14 due to disallowance of MAT Credit. The order was issued on January 14, 2026, and received on January 27, 2026. The company stated there is no material impact on its financials or operations.
The company explicitly stated that there is no material impact on its financials, operations, or other activities.
The company has received a tax demand, which is a negative development.
Expleo Solutions Limited has disclosed an order received from the Assistant Commissioner of Income Tax, Corporate Circle 1(1), Chennai. The order pertains to Assessment Year 2013-14, wherein a demand of ₹2,55,42,956 has been raised on account of the disallowance of MAT Credit utilized, amounting to ₹83,00,000 for the same assessment year.
The order under section 115JAA was issued on January 14, 2026, via an intimation letter dated January 23, 2026, and was received by the company on January 27, 2026. Despite the demand raised, the company states that there is no material impact on its financials, operations, or other activities.
What to do with a filing like this
Expleo Solutions Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Expleo Solutions Limited. Read the original for the full detail.