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Diversified Commercial Services
Legal4 Jun 2026, 08:01 pm

Awfis Re-submits Show Cause Notice Details from Tax Officer

AI Summary

Awfis Space Solutions Ltd has re-submitted details regarding a Show Cause Notice (SCN) received from the Commercial Tax Officer, Chennai. The SCN, dated May 23, 2026, pertains to discrepancies in the FY 2022-23 tax returns, with an apparent demand of approximately INR 7.10 Crores plus interest and penalty. The company is examining the notice, identified a calculation error, and is seeking clarification from the GST authority. Awfis expects no significant financial impact and attributes the delay in disclosure to the time taken for preliminary review and verification of the notice's contents and potential implications.

Key Highlights

  • Received Show Cause Notice from Commercial Tax Officer, Chennai.
  • Notice relates to FY23 tax return discrepancies, potential ₹7.10 Cr demand.
  • Company identified calculation error and seeks GST authority clarification.
  • No significant financial impact expected.
  • Disclosure delay due to verification of notice details.