Juniper Hotels received a tax demand notice of ₹25.82 crore from the Income Tax Department for AY 2023-24.
The demand alleges under-reporting of income and is based on an assessment order passed under sections 143(3) and 144C(3).
The company is currently assessing the notice and does not anticipate any adverse financial or operational impact at this stage.
Appropriate steps including legal advice and filing representations/appeals will be taken in due course.