Navneet Education Limited Receives Tax Demand Order of ₹22.54 Lakhs
Navneet Education Limited (Navneet) has received an order from the office of the Deputy Commissioner, State Tax, Lucknow Sector, Uttar Pradesh. The order pertains to a demand for tax, interest, and pe...
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Why is Navneet Education Limited in the news today?
Navneet Education Limited (NAVNETEDUL) is in the news due to the company received a tax demand order, which is a negative event. however, the company explicitly stated that there is no material impact on its financial or operational activities, mitigating the negative sentiment.
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Navneet Education Limited Receives Tax Demand Order of ₹22.54 Lakhs
January 2, 2026, 08:04 AM
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More Details on This News
Navneet Education Limited (Navneet) has received an order from the office of the Deputy Commissioner, State Tax, Lucknow Sector, Uttar Pradesh. The order pertains to a demand for tax, interest, and penalty amounting to ₹22,54,310 for the Financial Year 2021-22.
The demand is related to GST input credit availed by the company in FY 2021-22, amounting to ₹12,70,820. Navneet Education Limited received this order on 1st January 2026. The company has stated that there is no material impact on its financial, operational, or other activities due to this demand order.
This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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