ISGEC Fined ₹1.71 Lakhs by Tax Authority, Plans Appeal
Isgec Heavy Engineering Limited has been informed of an order imposing a penalty of ₹1,71,116/- by the Assistant Commissioner (C. Tax), East Division 3, Bangalore East Commissionerate. The penalty dem...
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Why is Isgec Heavy Engineering Limited in the news today?
Isgec Heavy Engineering Limited (ISGEC) is in the news due to the company has been fined by a tax authority, which is a negative development.
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ISGEC Fined ₹1.71 Lakhs by Tax Authority, Plans Appeal
January 1, 2026, 09:33 AM
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Isgec Heavy Engineering Limited has been informed of an order imposing a penalty of ₹1,71,116/- by the Assistant Commissioner (C. Tax), East Division 3, Bangalore East Commissionerate. The penalty demand has been raised on account of taxes that were already paid without any interest or penalty.
The company received the order on December 31, 2025. The total financial impact amounts to ₹1,71,116/-. Isgec Heavy Engineering Limited intends to file an appeal against this order under the Goods and Services Tax Act.
This intimation is being published on the company's website.
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