BD & P Hotels (India) Pvt Ltd, subsidiary of Advent Hotels International, received an income-tax demand of ₹4,54,35,230 for AY 2024-25.
The Notice of Demand under Section 156 of the Income-tax Act, 1961 was issued by the Deputy Commissioner of Income Tax, Central Circle 1(4), Mumbai, dated March 30, 2026.
The company stated monetary impact is limited to the demand amount; no operational impact, with appellate remedies being evaluated.