
Tax & Penalty5 Jun 2026, 06:41 pm
Sambhaav Media Receives Rectification Order, Refund of ₹32.59 Lakhs
AI Summary
Sambhaav Media Limited announced on June 4, 2026, that it has received a Rectification Order from the Office of the Deputy Commissioner of Income Tax, Central Circle - 2(4), Ahmedabad. This order pertains to the Assessment Year 2018-19. The Income Tax Department has deleted a demand of INR 45,22,980 and has paid a refund of INR 32,59,454 to the company. This rectification order amends the original assessment order for the specified assessment year.
Key Highlights
- Rectification Order received from Income Tax Department for AY 2018-19.
- Original demand of ₹45,22,980 has been deleted.
- Company received a refund of ₹32,59,454.
- Order dated May 19, 2026, received on June 4, 2026.
Price Impact
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