Aditya Infotech secures ITAT win, deletes ₹40.38 crore tax addition
- ITAT deletes entire ₹40.38 crore tax addition for AY 2019-20
- Balance addition of ₹3.60 crore removed after earlier CIT(A) order
- Additional grounds raised by Assessing Officer also dismissed
- Company to file application with Income Tax Department for effect
*this image is generated using AI for illustrative purposes only.
Aditya Infotech received a favorable order from the Income Tax Appellate Tribunal (ITAT), Delhi, deleting the entire tax addition of ₹40.38 crore for Assessment Year 2019-20. The tribunal dismissed additional grounds raised by the Assessing Officer, resolving a long-standing dispute.
The company filed this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order was received on September 9, 2026, at 10:03 am via email. This development concludes the appellate proceedings for the specific assessment year.
Order Details
The ITAT deleted the balance addition of ₹3.60 crore that remained outstanding after the Commissioner of Income Tax (Appeals) had previously passed its order. Earlier intimation dated January 16, 2026, had highlighted this pending amount. With the current ruling, all additions aggregating to ₹40.38 crore made during the assessment proceedings under Section 143(3) of the Income Tax Act, 1961, stand fully deleted.
| Particulars | Details |
|---|---|
| Authority | Income Tax Appellate Tribunal, Delhi |
| Assessment Year | 2019-20 |
| Total Addition Deleted | ₹40.38 crore |
| Balance Addition Deleted | ₹3.60 crore |
| Date of Receipt | September 9, 2026 |
Next Steps
Aditya Infotech stated it will file an application with the Income Tax Department to give effect to the tribunal's order. The financial impact, if any, will be determined once the department processes the request and grants effect to the deletion. No immediate accounting adjustment has been recorded in the latest filings.
What the Numbers Show
The complete deletion of ₹40.38 crore represents a full reversal of the disputed additions for AY 2019-20. Since the initial assessment, the company successfully challenged these amounts through the appeals process, first reducing the liability via the CIT(A) order and now eliminating the remaining ₹3.60 crore through the ITAT. This resolution removes the contingent liability associated with this specific tax year from the company’s regulatory disclosures.
Historical Stock Returns for Aditya Infotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.16% | +0.52% | +1.01% | +124.26% | +176.10% | 0.0% |
How will the finalization of this ₹40.38 crore tax deletion impact Aditya Infotech's net profit margins and cash flow in the upcoming fiscal quarters?
Are there any other pending tax disputes or contingent liabilities for different assessment years that could pose similar risks to the company's financial stability?
What is the expected timeline for the Income Tax Department to process the application and reflect the financial benefits of this tribunal order in the company's accounts?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
