StockWatch
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Industrial Products
Tax & Penalty27 Jul 2026, 12:56 pm

Envair Electrodyne Pays ₹18.47 Lakh Income Tax TDS Demand

AI Summary

Envair Electrodyne Ltd has announced the payment of an income tax TDS demand of ₹18,47,440 raised by the Income Tax Department. The demand notice was received on July 15, 2025, related to a TDS mismatch under the Income Tax Act, 1961. The company made the payment on July 25, 2026. Envair Electrodyne stated that this payment has no material impact on its financial, operational, or other activities.

Key Highlights

  • Company paid ₹18.47 Lakh TDS demand from Income Tax Department.
  • Demand was related to TDS mismatch under Income Tax Act, 1961.
  • Payment made on July 25, 2026, after receiving notice on July 15, 2025.
  • No material financial or operational impact reported by the company.