KNR Constructions Receives Tax Demand Order of ₹5.37 Crore
KNR Constructions Limited has been informed of an order passed by the Office of the Commissioner of Central Tax and Customs (Appeals) - Guntur on December 24, 2025. The order demands a total amount of...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is KNR Constructions Limited in the news today?
KNR Constructions Limited (KNRCON) is in the news due to the company has received a tax demand order, which is a negative development.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
KNR Constructions Receives Tax Demand Order of ₹5.37 Crore
December 26, 2025, 02:43 PM
Top Queries to Ask About KNR Constructions Limited
KNR Constructions Limited has been informed of an order passed by the Office of the Commissioner of Central Tax and Customs (Appeals) - Guntur on December 24, 2025. The order demands a total amount of ₹5,36,71,475 (Rupees Five Crore Thirty-Six Lakh Seventy-One Thousand Four Hundred and Seventy-Five).
The demand includes several alleged violations: excess Input Tax Credit (ITC) taken compared to GSTR3B vs GSTR2A amounting to ₹1,94,09,608; interest on alleged delay in filing returns totaling ₹23,04,099; penalties for alleged delay in filing returns and excess claim of ITC amounting to ₹3,12,97,208; alleged ineligible ITC due to suppliers not filing GSTR3B of ₹31,786; and alleged wrong claim of normal IGST ITC taken in import amounting to ₹6,28,774.
The company believes it has merits in the case and intends to file an appeal with the GSTAT. Consequently, the quantum of impact on the company's financial, operational, and other activities cannot be ascertained at this stage.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap