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
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment4/10

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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