RKEC Projects Limited — Others, 21-03-2025: Action(s) taken or orders passed

RKEC Project Limited has received a tax demand notice from the Assistant Commissioner of Income Tax, amounting to ₹6.53 crore, which includes normal tax, additional tax, and interest fees. The company disputes this order, asserting that it has provided sufficient justification for its tax position and plans to appeal for a favorable resolution. Despite this tax challenge, RKEC anticipates no significant impact on its financial or operational activities. Investors may view this situation with a cautious optimism, considering the potential for an appealing outcome that could mitigate risks associated with tax liabilities.