Accelya Solutions India Ltd Receives Order Under Section 143(3) & Show Cause Notice Under Section 270A of Income Tax Act for FY 2022-23

Accelya Solutions India Ltd has received an Order under Section 143(3) read with Section 144B of the Income Tax Act ('the Act') and a show cause notice under Section 270A of the Act from the Assessment Unit, Income Tax Department for the financial year 2022-23. The Order resulted in income tax demand of Rs. 1,749.08 lakhs. The Company plans to file an appeal and a reply against the show cause notice. The Company does not expect any significant impact on its financial, operational, or other activities due to this Order.