Radaan Mediaworks Receives ₹1.72 Crore Income Tax Demand Notice for FY21-25
Radaan Mediaworks India Limited received an Income Tax demand notice for ₹1.72 crore (inclusive of interest) for FY21-22, FY22-23, and FY24-25. The notice was issued by the Deputy Commissioner of Income-Tax, TDS Circle-2, Chennai, on July 28, 2026. The company has already accounted for this demand.
The demand of ₹1.72 crore is a significant amount for the company and could impact its financials. While the company has accounted for it, the ongoing examination and potential need for further steps suggest a medium impact until the matter is fully resolved.
The company has received a tax demand notice, which is generally a negative event. However, the company states that the liability is not disputed, has been fully recorded in the books, and they are examining the orders to take appropriate steps. This indicates a neutral stance as the full impact and resolution are pending.
Radaan Mediaworks India Limited has received a demand notice under Section 156 of the Income Tax Act, 1961, based on orders under Section 201(1)/201(1A) for the Financial Years 2021-22, 2022-23, and 2024-25. The notice was issued by the Office of the Deputy Commissioner of Income-Tax, TDS Circle-2, Chennai, on July 28, 2026.
The total demand amounts to ₹1,72,49,691 (Rupees one crore seventy-two lakhs forty-nine thousand six hundred and ninety-one only), inclusive of interest. The company clarifies that this demand is not a disputed liability and has been fully recorded in its books of account, forming part of the Limited Review Report submitted previously.
Radaan Mediaworks is currently examining the orders and will take appropriate steps as necessary. The company has provided the details of this action as required by SEBI Regulations.
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Radaan Mediaworks India 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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See the model portfoliosA plain-language summary of a public exchange filing by Radaan Mediaworks India Limited. Read the original for the full detail.