Xchanging Solutions 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. This order pertains to transfer pricing adjustments amounting to ₹23.88 crore (approximately) for transactions related to interest on loans provided to Associated Enterprises and interest on delayed receivables from Associated Enterprises. The company received this order on January 22, 2026. The exact impact on the financial statements is yet to be determined, as the final tax demand, including any applicable penalties, will be confirmed in the assessment order. Xchanging Solutions Limited intends to file its objections or response with the Income Tax Appellate Authorities within the stipulated timelines.
