IRCTC NSE filing

IRCTC Receives ₹81.65 Lakh Income Tax Demand Notice for AY 2024-25

The RealCase readMedium impact Negative

IRCTC received an Income Tax demand notice of ₹81.65 lakh for AY 2024-25 on March 26, 2026. The demand is for alleged under-reporting of income. The company plans to contest the litigative demand.

Why it matters

The amount of the demand notice (₹81.65 lakh) is material but not exceptionally large in the context of a large listed company. The impact is further mitigated by the company's intention to contest the demand, suggesting the final financial liability is uncertain.

The market read

The company has received a demand notice from the Income Tax Department for a significant amount, which negatively impacts its financial outlook until resolved.

Indian Railway Catering And Tourism Corporation Limited (IRCTC) has received a demand notice under section 156 of the Income Tax Act, 1961. The notice, dated March 26, 2026, with DIN ITBA/AST/S/156/2025-26/1087952314(1), was received by the company on March 26, 2026.

The demand pertains to the Assessment Year 2024-25 and amounts to ₹81,65,140 on account of alleged under-reporting of total income.

IRCTC has stated that the financial exposure as of now is ₹81,65,140. However, the company considers the demand to be litigative and intends to contest it before the relevant authorities within the stipulated legal timelines.

Filing to action

What to do with a filing like this

Indian Railway Catering And Tourism Corporation 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 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 Indian Railway Catering And Tourism Corporation Limited. Read the original for the full detail.

View original filing