Legal1 Sept 2026, 04:27 pm
Kairosoft AI Solutions: Assessment Order Quashed by Income Tax Dept
AI Summary
Kairosoft AI Solutions Ltd has announced that an assessment order passed under section 153C by the Assessing Officer has been quashed. The company received communication from the Income Tax Department confirming this decision, which means no further adjudication is required in the matter. This development resolves a significant tax-related issue for the company, potentially easing financial and operational burdens.
Key Highlights
- Income Tax Department quashed assessment order u/s 153C.
- No further adjudication is required for the company.
- Resolves a significant tax matter for Kairosoft AI Solutions.
- Communication received from Income Tax Department.
Price Impact
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