JK Agri Genetics Receives ₹0.52 Crore Tax Demand

JK Agri Genetics received an order from the Income Tax Appellate Authority on 17th April 2026 regarding FY 2017-18 tax assessment.
The order disallows ₹1.50 crore in R&D labor expenses, creating a tax demand of ₹0.52 crore to be adjusted against MAT credit.
The company is considering filing an appeal with the Income Tax Appellate Tribunal within the 60-day statutory timeline.