Fractal Analytics Faces Rs 156.56 Crore Draft Demand Over Transfer Pricing and Corporate Tax Adjustments:

Fractal Analytics Faces Rs 156.56 Crore Draft Demand Over Transfer Pricing and Corporate Tax Adjustments Fractal Analytics Limited has informed the National Stock Exchange (NSE) Limited and Bombay Stock Exchange (BSE) Limited that it has received a draft assessment order from the Income Tax Department. The company said that this is only a preliminary communication and no immediate tax payment is required at this stage.

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Background of the Case The order was issued under Section 144C(1) of the Income Tax Act for Assessment Year 2023-24, proposing a total demand amounting to Rs 156.56 crore on the grounds of certain transfer pricing and corporate tax adjustments. The company said it received the communication on March 24, 2026, from the Income Tax Department. The company said the disclosure was made after reviewing the order, which was received after business hours. Key Details of the Order

Company Name	Fractal Analytics Limited
Type of Communication	Draft Assessment Order under Section 144C(1)
Date of Receipt	24th March, 2026
Authority	Assessment Unit, Income Tax Department of India
Assessment Year	AY 2023-24 (FY 2022-23)
Proposed Additions	Rs 156.56 crore
Reason	Transfer pricing and corporate tax adjustments
Immediate Tax Demand	No
Financial Impact	No immediate impact on demand after the final order
Penalty Proceedings	Possible under Section 270A
Company Action	Will file objections before the Dispute Resolution Panel
Disclosure Regulation	Regulation 30 of SEBI LODR

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Financial Impact Fractal Analytics stated that there is no immediate financial impact because no tax is payable at present. Any financial implications will depend on the final assessment order. The company is currently reviewing the draft order and is soon anticipated to take appropriate steps.

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Disclosure and Compliance The disclosure has been made in line with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company said it plans to challenge the order before the Dispute Resolution Panel. Further added that it will update the stock exchanges if there are any further developments.