Pritika Auto Industries received an intimation u/s 143(1) from the Income Tax Department on May 15, 2026, raising a demand of ₹1,83,81,330 for AY 2025-26.
The company states the demand resulted from a mistake in the order where book profit u/s 115JB was wrongly enhanced by ₹13.85 crore depreciation.
The company is filing for rectification u/s 154 and an appeal, confident the demand will be deleted with no material financial impact.
This disclosure is made pursuant to Regulation 30 of SEBI LODR Regulations, 2015, and related SEBI circulars.