Zaggle Prepaid Income Tax Appeal Dismissed

Zaggle Prepaid Ocean Services Ltd announced that its appeal before the Honorable Commissioner of Income Tax (Appeal) has been dismissed. The appeal was against a demand notice received under Section 156 of the Income Tax Act, 1961, for the assessment year 2022-23. The order dismissing the appeal was dated August 14, 2026. The company maintains it has strong grounds to defend its position and intends to pursue a further appeal before the appropriate appellate authority.