Harish Textile Engineers Ltd — Important, 31-03-2026: Company Update

Harish Textile Engineers Limited has received a notice from the Income Tax Department for Assessment Year 2021-22, based on information from GST Intelligence. The notice raises concerns about potential escaped income and alleged irregularities in GST compliance during January-March 2021, including delays in GST deposit and Input Tax Credit passing. The company notes it subsequently discharged the GST liability. This is a show-cause notice, and the company is consulting tax advisors to prepare a response. No financial impact is ascertainable at this stage, but it signifies an ongoing tax examination.