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KNR Constructions Limited receives penalty orders from Income Tax authorities for AY 2017-21

KNR Construct. · Construction

What the filing says

  • Penalty orders under section 270A of Income Tax Act amounting to ₹ 2.80 crore (AY 2017-18), ₹ 16.65 crore (AY 2018-19), ₹ 56.40 crore (AY 2019-20), and ₹ 16.00 crore (AY 2020-21) were received from Assistant Commissioner of Income Tax, Central Circle 2(2), Hyderabad.
  • Orders were received on 29th and 30th September 2026 related to search assessments.
  • The company considers the penalties not maintainable in law and intends to appeal the orders; outcome to be updated in due course.

Original filing

Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Receipt Of Order From Asst Commissioner Of Income Tax

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.