Navneet Education Ltd Receives Assessment Order with Tax Demand of ₹5,67,29,210 for AY 2024-25

Navneet Education Ltd has received an Assessment Order under Section 143(3) read with Section 144B of the Income Tax Act, 1961 for the Assessment Year 2024-25. The order does not include any additions or disallowances, but there has been a tax demand of ₹5,67,29,210 due to calculation errors made by the Income Tax Department. The Company received the order on 6th March 2026 and will take corrective action as per the Income-tax Act, 1961, as the demand is wrongly raised and rectifiable/appealable.