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Pyxis Finvest LtdImportant, 15-10-2025: Company Update

15-10-2025 | 07:58 pm

Pyxis Finvest Limited has provided an update on four ongoing tax disputes with the Income Tax Office. These cases, being heard by the Commissioner of Appeal, NFAC, involve penalty levies for Assessment Year (AY) 2015-16 amounting to Rs. 20,000 and Rs. 33,41,340, respectively. Additionally, there are disputes over incorrect tax demands for AY 2015-16 totaling Rs. 79,34,411 and for AY 2011-12 of Rs. 34,580. While one smaller dispute (AY 2011-12) is not considered material, the company chose to disclose it voluntarily. These updates inform shareholders about potential financial implications from these legal challenges.

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