Info Edge India Ltd Files Appeal Against Rs 3.64 Crore Tax Demand for AY 2024-25
Info Edge India Ltd Files Appeal Against Rs 3.64 Crore Tax Demand for AY 2024-25
Info Edge, a leading Indian technology holding company that owns and operates several well-known digital platforms, such as Naukri.com, Jeevansathi.com, Shiksha.com, and more, recently issued a disclosure to NSE Ltd. and BSE Ltd., providing an update on their appeal filed before the CIT(A).
Background of the case
The Company stated that it has filed an appeal before the Joint Commissioner (Appeals)/Commissioner of Income Tax (Appeals) at the National Faceless Appeal Centre, Income Tax Department, challenging the Assessment Order and the consequential Notice of Demand amounting to Rs 36,463,140 issued by the Assessment Unit for Assessment Year 2024-25 under Section 143(3) of the Income Tax Act, 1961.
Key Details of the Case
| Particulars | Details |
| Name of the opposing party | Assessment Unit, Income Tax Department, National Faceless Assessment Centre |
| Name of the court/ tribunal/agency | Joint Commissioner (Appeals) or the Commissioner of Income Tax (Appeals), Income Tax Department, National Faceless Appeal Centre |
| Date of Appeal | April 2, 2026 |
| Demand of | Rs. 3,64,63,140 |
Financial Impact
The company does not think this issue will significantly affect its finances. However, it is still reporting it to be extra careful.
Company’s Disclosure Compliance
The above disclosure is made by the company under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’).