Tax & Penalty22 Apr 2026, 03:29 pm
Juniper Hotels Receives ₹25.83 Cr Income Tax Demand Notice
AI Summary
Juniper Hotels Ltd has received a demand notice from the Income Tax Department under Section 156 of the Income Tax Act, 1961, for Assessment Year 2023-24, amounting to ₹25,82,92,808. The notice, dated April 16, 2026, was received on April 21, 2026. The company is currently assessing the demand notice and examining the basis of the alleged liability and will take appropriate steps, including seeking legal advice and filing suitable representations/appeal. Juniper Hotels does not anticipate any adverse impact on its financial position, operations, or other activities.
Key Highlights
- Juniper Hotels received a demand notice for ₹25.83 Cr from the Income Tax Department.
- The demand notice pertains to under-reporting of income for the assessment year 2023-24.
- The company is assessing the demand and will take appropriate legal steps.
- Juniper Hotels does not anticipate any adverse impact on its financials or operations.