Tirupati Sarjan Receives Four IT Demand Notices

Tirupati Sarjan Limited received four income tax demand notices under Section 156 aggregating approximately Rs. 18.13 crore.
Notices issued by Asst. Commissioner of Income Tax, Gandhinagar Circle, cover assessment years 2016-17, 2017-18, 2018-19, and 2020-21.
Alleged violations include addition of unexplained expenditure (Section 69C) and cash credits (Section 68); company plans to file appeals before CIT(A).
Disclosure made under SEBI LODR Regulation 30(2) and 30(13), with no penalty quantified beyond the demand amounts.