Educomp Solutions Limited — Important, 03-10-2025: Disclosure of material issue
03-10-2025 | 04:21 pm
03-10-2025 | 04:21 pm
Educomp Solutions received a Show Cause Notice from tax authorities for alleged short payment of tax for FY21-22. The notice demands ₹0.008 Cr for tax, ₹0.2521 Cr for interest, and ₹0.0008 Cr for penalty, totaling approximately ₹0.26 Cr.
The company, currently managed by a Caretaker Resolution Professional, states the demand is "not maintainable" and is preparing a response. This development is significant for a company already undergoing insolvency proceedings. #Educomp #TaxNotice
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