NSEAction(s) taken or orders passed2 Jul 2026 · 2 Jul 2026, 06:09 pm
Action(s) taken or orders passed
Ashiana Housing Limited · ASHIANA
✦ AI SummaryRegulatory
Ashiana Housing Limited has received a penalty order from the Income Tax Department under Section 271C and 271H of the Income Tax Act, 1961, totaling ₹2,08,286 and ₹20,000 respectively, for non-deduction and non-deposit of TDS and delay in filing of TDS statements for FY 2013-14.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment4/10
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Full Announcement
Ashiana Housing Limited has informed the Exchange about receipt of penalty order under Section 271C and 27H of the Income Tax Act, 1961, the details of which are mentioned in the pdf attached.
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ASHIANA_02072026180902_PressReleaseIncomeTaxDeptt271Cand271HSIGNED.pdf
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Dated: 02nd July 2026
The Secretary The Secretary,
The Bombay Stock Exchange Ltd. National Stock Exchange of India Limited
Phiroz Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai - 400 051
Security Code: 523716 Security Symbol: ASHIANA
Sub: Corporate Announcement Under Regulation 30 of the SEBI (LODR) Regulations regarding
penalty order under section 271C and 271H of the Income Tax Act 1961
This is to inform you that the Income Tax Department, Delhi, has levied penalties amounting to
₹2,08,286/- and ₹20,000/- under section 271C and 271H of the Income Tax Act, 1961 (the Act),
respectively.
The details pertaining to the same and the requisite information, as per Para A of Part A of Schedule
III under Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated
July 13, 2023, is provided below:
A. Penalty Order under Section 271C Income Tax Act 1961:
Name of the Authority Office of the Income Tax Officer Ward 73(2), Delhi,
Income Tax Department
Nature and details of the action(s) taken, Penalty Order under section 271C, demanding
initiated or order(s) passed penalty of ₹2,08,286/-.
Date of receipt of direction or order, including Penalty Order dated June 29, 2026, received on July
any interim or interim orders, or any other 01, 2026, the intimation of which is received on July
communication from the Authority 02, 2026.
Details of the violation(s)/contravention(s) Penalty for non-deduction and non-deposit of TDS
committed or alleged to be committed under Section 194-I on annual lease rentals paid to
UIT (Bhiwadi) for FY 2013-14. The company has
already deposited TDS, along with applicable
interest on 23rd December 2025 and is exploring
legal avenues to contest this order.
Ashiana Housing Ltd.
304, Southern Park, Saket District Centre, Saket, New Delhi – 110 017
CIN: L70109WB1986PLC040864
Regd. Office: 5F Everest, 46/C Chowringhee Road, Kolkata – 700 071
011-42654265, Email: investorrelations@ashianahousing.com
Website: www.ashianahousing.com
Impact on financial, operation or other No significant impact on financial or operational
activities of the listed entity, quantifiable in performance has been observed. As regards the
monetary terms to the extent possible monetary implications, the company is in the
process of reviewing and reconciling its records.
B. Penalty Order under Section 271H Income Tax Act 1961:
Name of the Authority Office of the Income Tax Officer Ward 73(2), Delhi,
Income Tax Department
Nature and details of the action(s) taken, Penalty of ₹20,000/- levied vide Order under section
initiated or order(s) passed Section 271H of the Income Tax Act, 1961.
Date of receipt of direction or order, including Penalty Order dated June 29, 2026, received on July
any interim or interim orders, or any other 01, 2026, intimation of which was received on July
communication from the Authority 02,2026
Details of the violation(s)/contravention(s) Delay in filing of TDS Statements (Form Type 27Q
committed or alleged to be committed and 24Q) for FY 2013-14. The company has already
deposited TDS, along with applicable interest on
23rd December 2025 and is exploring legal avenues
to contest this order.
Impact on financial, operation or other activities No significant impact on financial or operational
of the listed entity, quantifiable in monetary performance has been observed. As regards the
terms to the extent possible monetary implications, the company is in the
process of reviewing and reconciling its records.
This is for your updation and record.
Thanking you
For Ashiana Housing Ltd.
Nitin Sharma
(Company Secretary & Compliance Officer)
Mem No: 21191
Address: Saket, New Delhi