BSECompany Update4d ago · 16 Oct 2026, 10:53 am
Disclosure of Events/ Information pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
NIIT Ltd · 500304
✦ AI SummaryLitigation
NIIT Ltd has received an appeal from the Deputy Commissioner of Income Tax against the company's favor in the Income Tax Appellate Tribunal for Assessment Year 2018-19, with a tax effect of INR 1.72 crores.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
NIIT Ltd - 500304 - Disclosure Of Events/ Information Pursuant To Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015
Attachments (1)
📄pdf
Download →
223fa643-02d6-4bd1-b8cd-addf6052d42e.pdf
View document text
October 16, 2026
The Manager The Manager
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers,
Bandra (E), Mumbai - 400 051 Dalal Street, Mumbai - 400 001
Sub: Disclosure of Events/ Information pursuant to Regulation 30 of the SEBI (Listing
Obligations & Disclosure Requirements) Regulations 2015
Scrip Code: BSE – 500304; NSE – NIITLTD
Dear Sir/Madam,
We would like to inform you that Deputy Commissioner of Income Tax, Central Circle-20,
Delhi, Jhandewalan Extn. has filed an appeal against the Company before the Income Tax
Appellate Tribunal, New Delhi for Assessment Year 2018-19. Copy of the same was
received by the Company on October 15, 2026.
The details required in terms of Regulation 30 read with Schedule III of the Listing
Regulations and SEBI Circulars issued in this regard, are given in Annexure A.
You are requested to take note of the same and inform your members accordingly.
Thanking you,
Yours truly,
For NIIT Limited
Arpita Bisaria Malhotra
Company Secretary
& Compliance Officer
Annexure-A
P articulars Details
Name(s) of the opposing party, Deputy Commissioner of Income Tax, Central Circle-20,
court/ tribunal/agency where Delhi, Jhandewalan Extn. has filed an appeal against the
litigation is filed Company before the Income Tax Appellate Tribunal, New
Delhi for Assessment Year 2018-19.
Brief details of dispute/litigation The Ld. Commissioner of Income Tax (Appeals) has
already decided the matter in favour of the company w.r.t.
disallowance of expenditure incurred in relation to exempt
income under Section 14A of the Income-tax Act, 1961,
read with Rule 8D of the Income-tax Rules, 1962.
Now, the Income Tax Department has filed an appeal
before the Income Tax Appellate Tribunal challenging the
order passed by the Commissioner of Income Tax
(Appeals).
Expected financial implications, if The tax effect on the above matter amount to INR 1.72
any, due to compensation, penalty crores.
The Company does not envisage any adverse impact on
financial, operations or other activities of the Company.
Quantum of claims, if any N.A.