Vikas EcoTech receives ₹9.11 Cr Income Tax demand order

Vikas EcoTech Ltd has received income tax demand orders from the Income Tax Department on March 27, 2026, totaling ₹9.11 Crore. These demands pertain to various assessment years and primarily stem from additions and/or disallowances made during assessment proceedings. The company is currently evaluating the orders and plans to pursue appropriate legal remedies, including filing appeals within the prescribed timelines. Based on a preliminary assessment, the company states there is no immediate material impact on its operations. The management, supported by legal advice, expresses confidence in achieving a favorable outcome at the appellate stage.