Trans India House Impex Receives ₹60.5 Cr Income Tax Demand Notice

Trans India House Impex Ltd has disclosed receipt of a Demand Notice from the Income Tax Department for Assessment Year 2024-25. The notice, dated June 20, 2026, raises a demand of ₹60,49,80,790/- including interest under Section 156 of the Income-Tax Act, 1961, following an Assessment Order under Section 143(3). The company disputes the demand, considering it not maintainable, and is preparing to file an appeal before the Commissioner of Income Tax (Appeals). Trans India House Impex believes the demand will not impact its operations, with the financial impact limited to the tax and interest on the subject contribution.