Blue Dart Receives Rs 70.58 Crore Income Tax Demand, Plans to Appeal:

Blue Dart Receives Rs 70.58 Crore Income Tax Demand, Plans to Appeal Blue Dart Express Limited, India's premier express logistics and courier company, recently issued a disclosure to stock exchanges regarding the receipt of a demand order.

Background of the Case

The company stated that it has received a demand notice from the Income Tax Department. The tax order was passed under Section 147 of the Income-tax Act, 1961. In this order, the tax officer has disallowed the deduction claimed by the company for Corporate Social Responsibility (CSR) expenses under Section 80G. The total deduction disallowed amounts to Rs. 1,68,43,609, which was originally claimed in the company’s tax return.

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Additionally, the tax department has raised a total demand of Rs. 70,58,98,292. This demand mainly relates to short credit given for advance tax and self-assessment tax paid by the company. It also includes interest charged under Sections 234B and 234C, along with refunds that were issued earlier.

Key Details of the Case

Particular	Details
Issuing Authority	Assessment Unit, Income Tax Department
Demand	Rs 70,58,98,292
Order issued under	Section 156 of the Income Tax Act, 1961
Date of receipt	March 30, 2026

Company’s Next Steps

The company has stated that it is currently reviewing and evaluating the matter. It plans to file an appeal or seek rectification, as appropriate, in due course.

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Company's disclosure Compliance

The above disclosure is made by the company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.