Transport Corporation of India Ltd Receives Assessment Order under Section 143(3) of Income Tax Act, 1961 for Assessment Year 2024-25

Transport Corporation of India Ltd has received an assessment order under Section 143(3) of the Income Tax Act, 1961 for the Assessment Year 2024-25. The order was received on March 25, 2026, via email from the Assessment Unit of the Income Tax Department. The order does not vary from the returned income but a demand notice amounting to ₹81,96,27,360 has been issued. The Company respectfully states that it has not committed any violation or contravention under the said order. The Company is in the process of filing a rectification application before the Jurisdictional Assessing Officer and an appeal before the appropriate authority.