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Dynamatic Technologies Receives Income Tax Order for AY 2023-24
Dynamatic Technologies Limited
January 19, 2026, 02:29 PM
Dynamatic Technologies Limited received an Income Tax Order under Section 92CA (3) for AY 2023-24 on January 19, 2026. The order recomputes transfer pricing adjustments for arm's length interest on delayed management fees. The claimed amount is approximately ₹10.91 lakhs. The company plans to file objections.
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Dynamatic Technologies Limited has received an Order under Section 92CA (3) of the Income Tax Act, 1961, from the Income Tax Authority for the Assessment Year 2023-24.
The order, received on January 19, 2026, pertains to the recomputation of transfer pricing adjustments for arm's length interest on delayed management fee receivables by the office of the Deputy Commissioner of Income Tax, Bangalore.
The company stated that the impact on its financial statements is yet to be determined, as the final tax demand, including any penalties, will be finalized as part of the assessment order. The quantum of claim as per the order is approximately ₹10.91 lakhs. Dynamatic Technologies Limited intends to file its objections or response with the Income Tax Appellate Authorities within the prescribed timelines.
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