Ashiana Housing has informed that the Income Tax Department, Delhi, has raised a demand amounting to ?5,24,881 (including interest) under the Income Tax Act, 1961 (the Act). The demand pertains to withholding of tax under Section 194-I of the Act on annual lease rentals paid to UIT (Bhiwadi) for FY 2013-14. The requisite information, as per Para A of Part A of Schedule III under Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed.
The above information is a part of company’s filings submitted to BSE.