ReferIndia News Entertainment Network (India) Limited Receives Rs 113.20 Crore Tax Demand from Income Tax Department

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Entertainment Network (India) Limited Receives Rs 113.20 Crore Tax Demand from Income Tax Department

Published on: March 29, 2026, 11:15 a.m. | Source: scanx.trade

Entertainment Network (India) Limited received an income tax assessment order levying Rs 113.20 crore tax demand for Assessment Year 2024-25, covering Financial Year 2023-24. The order was issued under section 143(3) of the Income Tax Act by the Assessment Unit on 27 March 2026, alleging certain additions and adjustments to reported income. The company plans to contest the order, stating it has adequate legal grounds and emphasizing no major adverse impact on financial position or operations.

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