Kaushalya Infra Receives Income Tax Order for ₹20.92 Lakhs

Kaushalya Infrastructure Development Corporation Ltd has received an order under Section 271DA of the Income-tax Act, 1961, for Assessment Year 2018-19. The order, dated September 29, 2026, and received on September 30, 2026, pertains to an alleged contravention of Section 269ST of the Income-tax Act, 1961, for receiving an amount aggregating to ₹20.92 lakh during FY 2017-18. The company stated that it is evaluating the order and disagrees with its observations. Kaushalya Infrastructure believes it has strong grounds to challenge the order and does not anticipate any significant adverse impact on its financial position or operations.