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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
PTC India Ltd

PTC India receives Rs. 11.8 Lakhs penalty demand from Income Tax

REGULATORY ◆ Monitor Closely LOW RISK
📅 Filed on BSE: 01 Aug 2026, 05:52 PM IST  ·  BSE ID: 0aae2342-9cf3-446f-8e50-6ab8b81d34d3
View Original BSE Filing (PDF)
💡
In Simple Terms
PTC India received a Rs. 11.8 lakh penalty demand related to a past tax assessment, which the company will challenge.
🤖 AI Summary
  • PTC India received Rs. 11,80,047 penalty demand from Income Tax for AY 2013-14.
  • Penalty stems from a reduced disallowance of Rs. 12,12,357 for AY 2013-14.
  • Original additions by tax department were Rs. 4,65,78,838, reduced in March 2026.
  • Company will contest the penalty order and file an appeal before CIT (Appeals).
🔢 Key Numbers — exact figures from BSE filing, not rounded
Penalty Amount
Rs. 11,80,047/-
Assessment Year
2013-14
Original Tax Additions
Rs. 4,65,78,838/-
Reduced Disallowance
Rs. 12,12,357/-
🏢 How This Affects the Company
💰
Financial Impact
The penalty amount is Rs. 11,80,047. The company states there is no material impact on its financials, operations, or other activities due to this order.
⚠️
Risk Impact
The company is pursuing an appeal, indicating ongoing engagement with tax authorities and a continued legal process for tax matters.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. The company is managing the appeal process.
👤
Who Is Affected
All shareholders are informed of a regulatory demand. The financial impact is stated as not material.
🔍
Management Signal
Management signals a commitment to contest tax demands and pursue legal remedies through appeals.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Company's appeal filing status with CIT (Appeals).
Outcome of the appeal process for AY 2013-14.
Disclosure of any further tax-related demands or settlements.
LOW RISK Penalty amount is small relative to company size; appeal process initiated.
💡 Investor Takeaway
PTC India received a Rs. 11,80,047 penalty demand for AY 2013-14, a reduction from earlier tax additions. The company plans to appeal this order.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Company received a Rs. 11,80,047 penalty demand from Income Tax for AY 2013-14, which it will contest.
❓ Frequently Asked Questions
What is the penalty amount PTC India received from the Income Tax Department?
PTC India received a penalty demand notice of Rs. 11,80,047/- from the Income Tax Department for Assessment Year 2013-14.
What is the reason for the penalty imposed on PTC India?
The penalty is for Rs. 11,80,047/- for AY 2013-14, relating to a disallowance of Rs. 12,12,357/-, after the original additions of Rs. 4,65,78,838/- were reduced.
Will PTC India pay the penalty demand?
PTC India will contest this order and plans to file a formal appeal before the Commissioner of Income Tax (Appeals).
What is the impact of this penalty on PTC India's financials?
The company has stated that there is no material impact on the financials, operations, and/or other activities of the company due to this penalty order.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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