Harish Textile Engineers Limited has submitted a regulatory disclosure to BSE Limited regarding ongoing income tax proceedings. This disclosure is made under Regulation 30 of the SEBI Listing Regulations and serves as a continuation of their previous disclosure dated 31 March 2026.
The company received a communication titled "Opportunity of being reheard under Section 129 of the Income-tax Act, 1961" dated 16 June 2026 from the Office of the Assistant Commissioner of Income Tax, Circle 2(1)(1), Mumbai. The communication was received by the company on 17 June 2026 through email.
This notice was issued under Section 129 of the Income-tax Act, 1961 due to a change in the concerned Assessing Officer. The communication specifically pertains to Assessment Year 2021-22 and grants the company an opportunity of being reheard consequent to the change in incumbent Assessing Officer in proceedings pending under Section 148A of the Income-tax Act, 1961.
Key details from the annexure:
- Authority: Income Tax Department, Office of the Assistant Commissioner of Income Tax, Circle 2(1)(1), Mumbai
- Nature of communication: Procedural notice under Section 129 for rehearing opportunity due to change in Assessing Officer
- Date of receipt: 17 June 2026
- No fresh violations or contraventions alleged
- The communication relates to previously disclosed proceedings under Section 148A of the Income-tax Act, 1961
- No financial impact is ascertainable as the communication is procedural and does not impose any demand, penalty, or adverse direction
The company has filed its reply with the Income Tax Department within the given timeline, both for the original notice issued in March 2026 and for this fresh notice. The disclosure is made in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July 2023.