StockWatch
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Diversified Commercial Services
Tax & Penalty17 Jul 2026, 10:30 pm

Awfis Space Solutions Discharges Tax Demand of ₹1.49 Lakhs

AI Summary

Awfis Space Solutions Ltd has informed the exchange that the tax demand of ₹1,49,501/- related to ongoing tax litigation has been fully discharged on July 13, 2026. The company had previously deposited ₹1,07,556/- while filing an appeal. The remaining amount of ₹95,244/- will be claimed as a refund from the GST department. The company attributes the delay in disclosure to procedural reasons and has committed to strengthening internal processes for timely compliance.

Key Highlights

  • Tax demand of ₹1,49,501 discharged on July 13, 2026.
  • Remaining ₹95,244 to be claimed as a refund.
  • Disclosure delay attributed to procedural reasons.
  • Company committed to timely compliance.