CRISIL Limited received a re-assessment order u/s 147 for AY 2017-18 (FY 2016-17) on March 23, 2026.
The demand of ₹121.20 crore arose from erroneous tax computation by AO despite acknowledging no income escapement.
CRISIL states no immediate financial impact and plans to file a rectification application and appeal against the order.