Tax & Penalty26 Aug 2026, 01:01 pm
Radaan Mediaworks Receives ₹1.67 Cr TDS Demand Notice
AI Summary
Radaan Mediaworks India Ltd has received a demand notice from the Deputy Commissioner of Income-Tax, TDS Circle-2, Chennai, for an outstanding TDS amount of ₹1,67,81,895 for the Financial Year 2023-24. The company clarifies that ₹66,43,825 of this demand is under dispute. The undisputed portion has been accounted for in the company's books and was included in previous Limited Review Reports. Radaan Mediaworks is currently examining the order and will take necessary steps.
Key Highlights
- Received TDS demand notice for ₹1.67 Cr for FY23-24.
- ₹66.43 Lakhs of the demand is under dispute.
- Undisputed amount is accounted for in books.
- Company is reviewing the order and will take action.
Price Impact
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