Krsnaa Diagnostics Rs 11.3 Crore Tax Demand

Krsnaa Diagnostics discloses Rs 11.3 crore tax demand from Income Tax Department for AY 2018-19 and 2019-20.
Company received assessment orders and demand notices from Assistant Commissioner of Income Tax, Pune.
Disclosure made after internal compliance review identified requirement; company has challenged orders.
Contingent liability of Rs 11.3 crore; provisioning to be evaluated with no operational disruption.