Aptech Limited has received favorable news from the Income Tax Department, with a rectification order completely nullifying a substantial tax demand for Assessment Year 2024-25. The development provides significant financial relief to the IT training and education company.

Rectification Order Details

The company received an order under Section 154 of the Income-tax Act, 1961 dated April 06, 2026, which was received on April 09, 2026. The Income Tax Department has allowed the deduction claimed under Section 80M, providing substantial relief to the company.

Financial Impact

The rectification order has resulted in complete elimination of the tax liability that was previously outstanding. The financial implications are significant for the company's cash flow and compliance status.

Regulatory Compliance

Aptech Limited made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had earlier disclosed the income tax demand on February 11, 2026, and has now updated stakeholders about the favorable resolution.

The rectification order represents a positive development for Aptech Limited, eliminating the financial burden of the tax demand and providing clarity on the company's tax position for Assessment Year 2024-25. With no outstanding tax demand remaining, the company can focus on its core business operations without the overhang of this tax liability.

Aptech Limited has informed stock exchanges about an investigative authority visit to its premises on March 18, 2026, in compliance with SEBI Listing Regulations. The company disclosed this development through an official communication to BSE and NSE on March 19, 2026.

Investigation Details

The investigative matter relates to specific testing-related activities that were undertaken in 2022 under the company's Institutional Business segment. The activities involved one of Aptech's subsidiaries and had a total value of Rs. 19.9 lakhs.

Company's Response and Compliance

Aptech has clarified that all examinations were conducted in accordance with established processes, applicable guidelines, and audit protocols. The company emphasized that adequate audit trails and data integrity mechanisms have been maintained throughout the relevant period.

The management has extended full cooperation to the investigating officials and provided all necessary information and assistance as requested. The company continues to operate in the normal course of business without any disruption to its regular activities.

Impact Assessment

According to the company's disclosure, there is currently no material impact on Aptech's operations, financial position, or ongoing projects. The company has committed to keeping stock exchanges informed of any material developments that may arise in connection with this matter.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in conjunction with the company's Policy on Determination and Disclosure of Material Events/Information. The company also provided detailed information in accordance with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The communication was signed by Shruti Laud, Company Secretary & Compliance Officer, confirming the company's commitment to maintaining transparency with stakeholders and regulatory compliance.